Do you offer timeshares to travelers? There are many benefits of timeshare ownership. Owners like the fixed cost of their yearly vacation that is not subject to inflation. They also like the ability to trade with other owners to see different places, or the ability to sell their own timeshare in the future.
The travel business is exciting, and offering timeshares to customers can be a rewarding and profitable business. It is important to manage costs, however, and one of the hardest places to do this is with your time share merchant account.
Challenges of Opening a Time Share Merchant Account
Banks aren’t always positive about credit card processing for timeshares. They see a high risk of disputes and chargebacks and as a result often choose not to serve this market. When you do find a bank to work with you, the processing fees can be high.
CDKPay has the right experience and relationships to help you open a timeshare merchant account. There are affordable options available to the timeshare business, and we can help you find them.
Credit Card Processing for Timeshares 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 timeshare 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 a timeshare 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 timeshare 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 account. At CDKPay, we help you prevent chargebacks by monitoring and preventing fraud from happening, helping you to successfully process payments through your timeshare merchant account.
Timeshare Merchant Account Application Process
- We will contact you to discuss your needs in detail and make sure that we understand your unique timeshare 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 timeshare 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.