Airline Business owners have many things to consider when charting a course to becoming a profitable business venture. Some things to consider are cost per flight mile, down time on the tarmac, and load factor just to name a few. Don’t add merchant payment processing to that list! Let us help you sleep like a baby at night knowing that your credit card processing is taken care of.
Challenges to Opening an Airline Merchant Account
Airlines can be tricky for banks. First of all, chargebacks can be high because of the length of time between the sale of an airline ticket and the customer actually using it. Often customers’ plans change and as a result they charge back because of the airlines no refund policy. We can help you fly through underwriting and get to processing with affordable rates. Airlines do pose challenges in getting approved because it is hard to run profitably on a small scale and the industry can be volatile. Once an airline goes out of business or bankrupt, a lot of times the bank backing their processing is left holding the bag, even after reserves. That is where we come in. The good news is you are in a profitable industry. Let us help make sure you are painting the best picture of your business so that we can get you affordable processing. We have Miles of experience helping airlines like yours.
Airline Credit Card Processing with CDKPay
Choosing the right bank is one of the most important steps in this process. If you start with the right financial institution, you won’t experience the hassle of going from bank to bank to find approval.
CDKPay is experienced with airline merchant accounts, and we work with a wide network of banks.
Our expertise will eliminate trial and error, as we will match your company with a bank that understands your business model.
Low Rates that Help You Stay Profitable
Getting approved for an airline merchant account will not help if you have to pay ridiculously high rates. CDKPay has established relationships with the right banks to bring you affordable rates. Most of our clients are able to attain low rates for credit card processing, some even as low as 2.95%.
Establish Long-Term Credibility
There is more to being a successful airline merchant than getting approved with good rates on the front end. Chargebacks and instances of fraud can damage your credibility and cause a rate increase. Persistent problems can even cause you to lose your merchant account. At CDKPay, we help you prevent chargebacks by monitoring and preventing fraud from happening, helping you to successfully process payments through your airline merchant account.
Airline Merchant Account Application Process
- We will contact you to discuss your needs in detail and make sure that we understand your unique airline business model.
- The experience and expertise of CDKPay is used to find the right merchant account provider, and we help you begin the application process.
- Once the application is approved and an agreement is signed, you are ready to take your airline merchant account live to begin payment processing!
- CDKPay is available to you for ongoing support. We offer responsive customer service so that you can run your business with ease.
CDKPay can help you with payment processing solutions that are reliable and affordable for your business.