Timeshares Credit Cards Processing
Having a strong online presence online is important regardless of business type. In addition to online presence, it is important to have a website, advertisements, and be in a position to conduct business online.
The travel and tourism industry is a large and successful industry and under businesses that are in the timeshare, advertising and resale portion of the industry so it is important to make sure your business has the right merchant account.
Conducting a business in the travel and timeshare industry requires getting getting customers, advertising and also processing payments. Today, everyone is moving away from cash payments to card payments. In addition, smartphones are now making it easier for customers to pay using their phone which eliminates the need of having to use their physical card..
Merchant Accounts
Websites that operate business must be user friendly and when processing payments online it is important to have a virtual terminal that is not only reliable but also quick. With the high level of competition today, if your website is not user friendly and takes too much time, they will move on to another website which then can affect your business.
Merchant account providers provide your business with secure terminals and enable you to process payments even during a transaction where a card is not present or no signature is required.
Many banks view businesses as high risk when there is a likelihood transactions will be canceled which then require chargebacks. Because of this businesses are classified as high risk by banks and other merchants.
Denied Services
When you are in the business of timeshare, advertising or resale, you are aware of the number of transactions that happen on a daily basis. During good business days, you will have multiple payments to be processed. When the market is bad, you will have cancelations and this puts you in a fix for ensuring the payments are not canceled to an effect that your business suffers a loss.
This is where we can help. We have multiple underwriting banks that are ready to enable us to provide good merchant accounts to help your business grow. One can never force a client to go on a vacation if the weather takes a turn for the worse. In such cases, cancelations are bound to happen and you need to process the payments accordingly.
We are aware that in a timeshare business, you are bound to have multiple billing and recurring billing that are processed on a monthly or a quarterly basis. Our system is equipped to send reminders as required and process these payments be it a Visa/Mastercard/Discover/Amex. We even facilitate check drafting and ACH Processing/Check Processing.
Whether your customer uses his computer or smartphone to make payments, we can provide Iphone/Droid Mobile Apps to make it easier for them.
Set Up An Account
The application process is very simple and straight forward. There are no setup fees and no application fee. All you will have to do is call up our friendly executives and give your requirements. They will set up a meeting with you to analyze your business and the industry you are in.
Rates vary by startup vs. history and high risk vs. low risk. This is because when you are a startup/business yet to be established, the risks involved are higher. People are yet to start trusting you and hence business is expected to be slow and unpredictable. When we sign up for a percentage of the card payments you receive we are undertaking the risk of you not receiving sufficient card payments. The rates differ to cover such risks on our side.
There is no Rolling Reserve Requirements and our portals can process the payments without a card or signature. The gateway setup is very simple and straightforward. This will not take much of your time, hence enabling you start receiving payments in a very short while.
New Business
With the high level of competition in the market, you cannot afford to have glitches in the payment portals. While many banks are not ready to provide such services, we are ready to take the risk for the development and growth of your business.
We believe you have put in enough effort and thought to start this business and with the right support you can achieve your dreams and goals. We are here to ensure you have the right support to start transacting, so that you can see your business grow as you intended.
Why Choose Us
- Customer Satisfaction- We make every effort to create a personal and caring experience and are available 24/7 throughout the entire process.
Along with outstanding technical support staff we provide reliable equipment and will have your business set up in a timely manner. With us, you are never stuck talking to a robot repeating yourself trying to get to an agent, you get to speak with a live person right away.
