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High risk merchant account for travel business PowerPoint Presentation
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High risk merchant account for travel business

High risk merchant account for travel business

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High risk merchant account for travel business

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  1. MERCHANT STRONGHOLD HIGH RISK MERCHANT ACCOUNT FOR TRAVEL BUSINESS by Apoorv Joshi

  2. BACKGROUND If you run a travel agency as tour operator, or hotel operator planning to the same then you must be excited by the opportunities in High Risk. . MERCHANT STRONGHOLD PAGE 2

  3. REASONS OF HIGH RISK High ticket size Charge-backs Long Fulfillment time horizon High Failure rates Cancellations & Refund issues Competitive business PAGE 3 MERCHANT STRONGHOLD

  4. WHAT YOU CAN DO TO GET MERCHANT ACCOUNT 1. If you have a good record of risk, fraud and charge-backs, you will be required to provide at least 6 months of prior financials to prove it. 2. The best side of this is that if you can provide financial statements of 3 years, you will have more leverage to negotiate a better deal. 3. If you are a new company with a weak or non-existent record, you will be required to accept a highly managed relationship. 4. A common mistake that everyone does is to find a big banks and merchant account providers. 5. If these processors receive any hint that you are high risk, there is a chance that the merchant account will be terminated. 6. Develop and put into action a strong fraud prevention plan. Introduce new tools that will help you detect and fight fraud. 7. Purchase a financial failure insurance plan to boost financial security. PAGE 4 MERCHANT STRONGHOLD

  5. CONTACT US TODAY US HQ 10300 49th Street N Suite 427 Clearwater, Florida 33762 UK HQ 45 Rosehaugh Road Inverness Inverness-Shire IV3 8SW +1 (888) 622 - 6875  +1 (844) 465 - 4723 www.merchantstronghold.com PAGE 5 MERCHANT STRONGHOLD