Are you Eligible for an Travel Merchant Account?
Understanding merchant accounts in the travel industry can be complex. Reliable payment processing is essential as the world reopens post-COVID-19. In 2019, the global travel market reached an impressive $9.25 billion. Despite the severe impact of COVID-19 in 2020, the travel industry is gradually recovering, with expectations of continued growth.
A merchant account for travel is a dedicated payment processing account tailored to assist enterprises in the travel and hospitality sector, encompassing entities such as travel agencies, tour operators, and hotels. These specialized accounts enable businesses in the travel industry to seamlessly handle customer payments for an array of services, including flight bookings, vacation packages, hotel and tour reservations, among other travel-related offerings.
Common Types of Travel Merchant Accounts
Why Travel Merchants need to apply for a Merchant Account
Are you Eligible for an Travel Merchant Account?
IntegralPay tries to be as flexible as possible with our clients. We consider each application based on the circumstances of the business owner. You will receive fair treatment throughout the review process.
Do you have questions about our review process and merchant account eligibility requirements? If so, contact our team to have all your questions answered.
Supporting Documents Checklist
- Drivers License or Government Issued Photo ID
- Document showing Proof of Company Registration (Sole Proprietorship, LLC, ETC)
- Voided Check/Bank Letter
- 3 Months Bank Statements
- 3 Months Processing Statements (if available)
- Articles of Incorporation
- Fulfillment Agreement (if applicable)
- Travel Agency/Business license (if applicable)
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