{"id":3924,"date":"2017-01-24T09:42:26","date_gmt":"2017-01-24T14:42:26","guid":{"rendered":"http:\/\/www.nationaltransaction.com\/credit-card-merchant\/?p=3924"},"modified":"2023-04-13T11:47:31","modified_gmt":"2023-04-13T15:47:31","slug":"set-travel-merchant-account","status":"publish","type":"post","link":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/set-travel-merchant-account\/","title":{"rendered":"How To Set Up a Travel Merchant Account"},"content":{"rendered":"

How to set up a travel merchant account<\/a>?<\/strong><\/p>\n

First, you need to find a Merchant Service Provider.<\/p>\n

Put together your business profile so you can start applying for a merchant account.<\/p>\n

There are questions that you\u2019ll need to answer, that way merchant account providers have an idea of how they should set up your account.<\/p>\n

Some of the questions are:<\/strong><\/p>\n

Is your business seasonal?<\/em><\/strong><\/p>\n

For Travel Agencies or Tour Operators<\/a>, it is seasonal, there will be high and low volume. NTC works with seasonal downtime.<\/p>\n

How do you intend to accept payments? <\/em><\/strong><\/p>\n

Different business models require different methods of accepting payments.<\/p>\n

If you\u2019re doing face to face transaction and have a physical location then you need a credit card terminal.<\/p>\n

If you process checks, then you need Electronic Check and ACH Transfers.<\/p>\n

For e-Commerce shopping carts, wireless\/mobile, you can check out our Converge Virtual Merchant and NTC e-Pay.<\/p>\n

How much volume do you plan on processing? <\/em><\/strong><\/p>\n

Merchant account providers are going to want to know how much sales volume you plan on processing per month.<\/p>\n

If you’re new in the business \u2013 <\/strong>give just an estimate average of how much you\u2019ll be processing (per month), within the first 6-months of operation.<\/p>\n

if you’ve been in the business \u2013<\/strong> you\u2019ll already have this number ready.<\/p>\n

What will be your average ticket price?<\/em><\/strong><\/p>\n

Example:<\/strong><\/p>\n

Total Sales Revenue = $150,000
\nTotal Number of Sales = 500                                                                                               150,000\/500 = $300 (Average Ticket Price)<\/p>\n

If you need to setup an account give us a call at 888-996-2273 or use our contact form.    <\/strong><\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

How to set up a travel merchant account? First, you need to find a Merchant Service Provider. Put together your<\/p>\n

Continue Reading<\/a><\/div>\n","protected":false},"author":2,"featured_media":3928,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[426,21,7,2936,2807,25,482,193,49,1624,130,212,140,1032],"class_list":["post-3924","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-practices-for-merchants","tag-ach","tag-credit-card-2","tag-e-commerce","tag-e-pay","tag-electronic-check","tag-merchant-account-2","tag-merchant-service-provider","tag-mobile","tag-payments","tag-shopping-carts","tag-terminal","tag-transaction","tag-travel","tag-virtual-merchant"],"_links":{"self":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/3924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/comments?post=3924"}],"version-history":[{"count":5,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/3924\/revisions"}],"predecessor-version":[{"id":4951,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/3924\/revisions\/4951"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/media\/3928"}],"wp:attachment":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/media?parent=3924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/categories?post=3924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/tags?post=3924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}