Travel Makes The World Go Round
Allowing your customers to have access to your business anywhere and accept electronic credit card payments anytime is of the utmost importance to travel agencies and online booking engines around the world.
Travel merchants are especially challenged when trying to secure merchant accounts for credit card processing. This notion is mostly caused by the fact that the time period between the booking date and the actual service tends to be longer than in any other industry. Therefore, the likelihood of a change in situation off the customer or provider is higher, increasing the associated risk exposure as well. As a consequence, most bank acquirers are placing travel clients on their unwanted customer list.
Processing Partners understands the complexity of finding a suitable bank acquiring home for travel merchants while balancing the processing risk. Our bank acquiring partners understand the travel industry and its challenges. The combination of experienced experts lay the ground for long-term processing.
Processing Partners works with companies in the following categories:
A majority of travel related transactions occur long before the delivery of the actual product or services, and this is referred to as deferred delivery – for this reason travel merchants are viewed as high-risk.
Travel Specific Merchant Services
The Dynamic Checkout Solution is transforming the way payment service providers and their merchants increase their conversion rates: based on an HTML5 payment page, the online checkout solution enables shoppers to choose from a wide range of payment methods that are displayed dynamically according to their risk profile. A seamlessly integrated solution, providing complete flexibility and frictionless payment.
Adaptable Fraud Control Mechanism enable our clients to offer local payment methods while providing information about different shopper risk groups. Based on this information, payment methods are displayed dynamically according to the trustworthiness of shoppers, order process or according to the value and nature of goods in the shopping basket. As a result the merchant is then able to prevent fraudulent purchases before they occur, keeping bad debts and chargebacks to a minimum.
You need a travel merchant account that offers you flexibility and financial security so you can focus on creating the best experience for your customers.
The worldwide cruise industry is a $39.6 billion market, growing steadily at 6.9% compared to 2014 and currently carrying 22.2 million passengers per year. Research identifies a global trend that will serve to marginalize North America as a source market – cruisers from Europe, Asia and Australia are coming to account for more of the global cruise industry than ever before. At the same time, cruise lines have begun to attract new, young target groups by identifying and catering to their desire for a diversified yet affordable holiday experience.
We help our clients tap into this growing market and capitalize on new target groups. Customers from all over the world experience a seamless checkout process both online and on mobile devices, choosing from a range of payment options that are tailored to their country of origin.
Leverage yourself into new markets. Powered by Pay.ON, the world’s largest independent PCI compliant (Level1) routing payment gateway, we connect our clients to a network of more than 270 banks, credit card schemes and alternative payment providers all over the world. New partners and payment methods are continuously added so that our clients can keep exploiting new payment channels after a single technical integration.
The Dynamic Checkout Solution is transforming the way payment service providers and their merchants increase their conversion rates: based on an HTML5 payment page, the online checkout solution enables shoppers to choose from a wide range of payment methods that are displayed dynamically according to their local origin and risk profile. A seamlessly integrated solution, providing complete flexibility and frictionless payment.
Leading risk management technology such as our Adaptable Fraud Control Mechanism enables our clients to offer local payment methods dynamically according to the shopper risk group, the order process or according to the value and nature of the goods in the shopping basket. As a result the merchant is then able to prevent fraudulent purchases before they occur, keeping bad debts and chargebacks to a minimum.
The 21st-century traveller has high expectations when it comes to efficiency and global mobility. 57% of all travel reservations already took place online in 2014, with a growth rate of more than 73% over the past five years. Facilitated by increasingly powerful and user-friendly technology, m-commerce is also claiming serious market share – for example, 66% of same day hotel reservations were made from smartphones in 2014, and the year-over-year growth in the smartphone and tablet device categories is staggering.
We provide our clients with the tools to service an increasingly international and mobile customer base. By connecting them to the world’s largest independent PCI compliant (Level1) routing payment gateway, we create payment options that are tailored to their customers’ regional origin and risk profiles and embed these into a seamless checkout process both online and on mobile devices.
Geo-IP Based Billing pages enable our clients to identify the origin of their potential customers and our multi-lingual browser language detection scripts assure to welcome visitors in their native tongue.
The Dynamic Checkout Solution is transforming the way payment service providers and their merchants increase their conversion rates: based on an HTML5 payment page, the online checkout solution enables shoppers to choose from a wide range of payment methods that are displayed dynamically according to their local origin and risk profile. A seamlessly integrated solution, providing complete flexibility and frictionless payment.
Intelligent Distribution mechanisms ensure that payments entering the routing payment gateway are distributed effectively and securely to exactly those members of the gateway that will yield the best possible approval ratios across different sales regions.
Mobile and in-app payments are gaining the edge. Our payment gateway interface caters to all common mobile desktops while adjusting its layout to the appropriate screens and workflows. To unleash the growing potential of m-commerce, the in-app payment library helps developers to quickly implement a PCI-compliant in-app payment page directly in their native mobile applications.
In the coming years, the demand for car rental services is projected to increase worldwide. Some of the major factors driving this growth are the rising global tourism industry, as well as the expansion of leading car rental companies into developing regions such as Asia Pacific and Latin America. While global and regional niche players are competing for market shares among this increasingly international customer base, the highest incremental revenue opportunity of the next decade is anticipated to lie within the mobile application segment. According to a 2013 study, already 58% of U.S. consumers had used their smartphone browser to book car rental and 40% had used a smartphone app. Travellers are increasingly relying on mobile devices to find the best offers after arriving at the point of their destination, as a rise in last-minute bookings suggests. Excelling in the digital market space has already become paramount for car rental companies to drive revenues – in particular, incorporating innovative and user-friendly mobile payment options that increase conversion rates and repeat bookings.
Our clients’ mobile applications are equipped with a dynamic checkout process that is both seamless and intelligent, adapting to the customer’s country of origin and payment preferences. Payment options are tailored to customers from all over the world by connecting them to the world’s largest independent PCI compliant (Level1) routing payment gateway, offering a network of more than 270 banks, credit card schemes and alternative payment providers. At the same time, our leading risk management technology keeps chargebacks to a minimum.
Geo-IP Based Billing pages enable our clients to identify the origin of their potential customers and our multi-lingual browser language detection scripts assure to welcome visitors in their native tongue.
The Dynamic Checkout Solution is transforming the way payment service providers and their merchants increase their conversion rates: based on an HTML5 payment page, the online checkout solution enables shoppers to choose from a wide range of payment methods that are displayed dynamically according to their local origin and risk profile. A seamlessly integrated solution, providing complete flexibility and frictionless payment.
Mobile and in-app payments are gaining the edge. Our payment gateway interface caters to all common mobile desktops while adjusting its layout to the appropriate screens and workflows. To unleash the growing potential of m-commerce, the in-app payment library helps developers to quickly implement a PCI-compliant in-app payment page directly in their native mobile applications.
Leverage yourself into new markets. Powered by Pay.ON, the world’s largest independent PCI compliant (Level1) routing payment gateway, we connect our clients to a network of more than 270 banks, credit card schemes and alternative payment providers all over the world. New partners and payment methods are continuously added so that our clients can keep exploiting new payment channels after a single technical integration.
With the advance of technology that enables everyone with internet access to book a vacation directly with airlines and travel providers, travel agencies worldwide have suffered from declining customer numbers since more than a decade. But despite this steady shift toward online channels, certain segments of the traveling public appear to be returning back to travel agents – e.g. in dealing with unusual locations, high-end luxury or with specialized travel. These customer segments particularly enjoy the convenience of not having to search, compare and book in their own time, but to have someone understand and match their needs on every level. Interestingly, it is exactly these customer segments that have shown to outperform travellers booking via other channels, with regards to number of trips taken (4.81 vs. 3.93 trips), length of time travelled (8.2 nights vs. 6 nights) as well as average daily spending ($494 vs. just $238). The opportunity for travel agents lies in meeting these valuable, high-margin customers on the channels that they individually prefer, offering high-end travel services that distinguish them from the abundance of online booking platforms.
Have our seamless and intuitive user experience drive up conversion rates for your online platform. Be one of the first travel agents to claim shares on the mobile market with our mobile and in-app solutions. And rely on the world’s largest PCI compliant (Level 1) routing payment gateway to offer outstanding, innovative and locally tailored payment services.
Geo-IP Based Billing pages enable our clients to identify the origin of their potential customers and our multi-lingual browser language detection scripts assure to welcome visitors in their native tongue.
The Dynamic Checkout Solution is transforming the way payment service providers and their merchants increase their conversion rates: based on an HTML5 payment page, the online checkout solution enables shoppers to choose from a wide range of payment methods that are displayed dynamically according to their local origin and risk profile. A seamlessly integrated solution, providing complete flexibility and frictionless payment.
Mobile and in-app payments are gaining the edge. Our payment gateway interface caters to all common mobile desktops while adjusting its layout to the appropriate screens and workflows. To unleash the growing potential of m-commerce, the in-app payment library helps developers to quickly implement a PCI-compliant in-app payment page directly in their native mobile applications.
Sophisticated Back Office Tools eliminate the need for an extensive customer support console by initiating common support functions directly from within the dashboard.
Travel booking systems are a pivotal channel to support the growing travel market.
Platforms which enable agents and operators to sell, create and manage their travel portfolio using one secure web-based solution. This single consistent interface allows companies to manage and access their own stock contracts and their customer enquiries and bookings. It’s automated and fully integrated, so manual data inputs are a thing of the past. The art of the Booking Engine.
We fully appreciate that booking engines bring together all administrative functions in one place to support the customer or agent-facing website. We are an extension to this service, through our customisable technical platform, you have the ultimate flexibility in accepting payments at the point that suits you.
You already have access to all of bookings, customer details via your CRM, and a shopping basket model that allows your team to build customised travel plans by searching for flights, hotels, cruises and transfers – with Processing Partners this is enhanced with the ability to take payments through a state-of-the-art technical platform.
Have our seamless and intuitive user experience drive up conversion rates for your online platform. Be one of the Internet Booking Engines to claim shares on the mobile market with our mobile and in-app solutions. Rely on the world’s largest PCI compliant (Level 1) routing payment gateway to offer outstanding, innovative and locally tailored payment services.
Geo-IP Based Billing pages enable you to identify the origin of potential customers and our multi-lingual browser language detection scripts assure to welcome visitors in their native language.
Our Dynamic Checkout Solution transforms the way payments are accepted, increasing conversion rates. Based on a HTML5 payment page, the online checkout solution enables shoppers to choose from a wide range of payment methods that are displayed dynamically according to their local origin and risk profile. A seamlessly integrated solution, providing complete flexibility and frictionless payment.