February 21st, 2017 by Elma Jane
The Travel Payment Expert
No Setup or Cancellation Fees
100% Next day Funding
Lowest price Guarantee
24/7 US Based Support
#1 Preferred Payment Processor among Travel Associations
NTC ePay, our exclusive electronic invoicing platform. (Email customers invoices and get paid even faster, eliminating paperwork and saving time).
For Electronic Payment Setup or FREE Rate review, call us now 888-996-2273
or visit www.nationaltransaction.com/travel/ and use our contact form.
Posted in Best Practices for Merchants, Travel Agency Agents Tagged with: Electronic invoicing, electronic payment, payment, processor, travel
February 10th, 2017 by Elma Jane
NTC’s Benefits and Perks Program!
Start saving now with NTC’s Advantage Benefits and Perks Program exclusive to our Merchants!
The advantage benefits and perks program focuses on delivering discounts that will help our merchants reduce operating business expenses.
Take advantage of these discounts, with access to over 15 categories of vendors covering:
Travel Services Office Supplies Telecommunications
Web Design and Services, and more
Save up to 28% on shipping with the world’s largest package delivery company.
Save 15% from the leading provider of online legal document services.
Saving of up to 35% on computer and electronics.
Save 27% off on payroll services and retirement services.
Save between 12% to 15% on business lines, and 10% on personal lines.
Rental Cars Save up to 25% on your car rental.
For more information call now 888-996-2273! For products and services go to www.nationaltransaction.com
Posted in Best Practices for Merchants Tagged with: merchants, online, travel
January 24th, 2017 by Elma Jane
How to set up a travel merchant account?
First, you need to find a Merchant Service Provider.
Put together your business profile so you can start applying for a merchant account.
There are questions that you’ll need to answer, that way merchant account providers have an idea of how they should set up your account.
Some of the questions are:
Is your business seasonal?
For Travel Agencies or Tour Operators, it is seasonal, there will be high and low volume. NTC works with seasonal downtime.
How do you intend to accept payments?
Different business models require different methods of accepting payments.
If you’re doing face to face transaction and have a physical location then you need a credit card terminal.
If you process checks, then you need Electronic Check and ACH Transfers.
For e-Commerce shopping carts, wireless/mobile, you can check out our Converge Virtual Merchant and NTC e-Pay.
How much volume do you plan on processing?
Merchant account providers are going to want to know how much sales volume you plan on processing per month.
If you’re new in the business – give just an estimate average of how much you’ll be processing (per month), within the first 6-months of operation.
if you’ve been in the business – you’ll already have this number ready.
What will be your average ticket price?
Example:
Total Sales Revenue = $150,000
Total Number of Sales = 500 150,000/500 = $300 (Average Ticket Price)
If you need to setup an account give us a call at 888-996-2273 or use our contact form.
Posted in Best Practices for Merchants Tagged with: ach, credit card, e-commerce, E-Pay, Electronic Check, merchant account, merchant service provider, mobile, payments, shopping carts, terminal, transaction, travel, virtual merchant
January 9th, 2017 by Elma Jane
The Travel industry payment experts! Why NTC?
NTC is the preferred payment processor for over 3,000 Travel Related Agencies.
High application approval rates while striving to eliminate holds & reserves is a big part of our Travel Merchant’s success.
Guaranteed Lowest Rates
Next Day Deposits
We Integrate with Trams & Sabre Red
Integration with a wide range of Booking Engines
Live US Based Concierge Service within three rings
Preferred by Many Associations including ASTA
NTC ePay Electronic Invoicing
Highest Approval Rating
Accept Payment from Anywhere in the World
Online Reporting and Processing Tools Included
Get the most from your Payment Processing Call Now 888-472-7112
Not all Travel Merchant Accounts Are The Same!
Posted in Best Practices for Merchants, Travel Agency Agents Tagged with: merchant, online, payment, payment processing, payment processor, travel, travel industry, Travel Merchant
November 21st, 2016 by Elma Jane
What makes travel merchant high risk?
Travel environments are unique and transactions are usually keyed in. There’s almost always a delayed delivery period, and large ticket transactions.
One card holder may be paying for multiple tickets and they tend to be seasonal; with peak season months generating an unusual spike in their “average” monthly volume and chargebacks, pose a potential threat by travelers who are unable to complete their trip.
These factors can cause for either a reserve or account termination. Therefore travel merchant accounts are considered high risk.
Most merchants do not realize that merchant processors carry a financial risk on merchant accounts, and normally fund merchants prior to receiving payment from the client’s bank. Therefore, a merchant account is an unsecured loan.
The merchant runs a transaction and at the end of the day they settle their batch. The merchant will receive the funds for that batch in their bank account within 2 business days, even though the travel arrangements the client paid for do not take place right away.
Here at National Transaction Corp, we specialize in understanding what makes your transactions as a travel agent unique and how they affect your merchant account.
Educating the merchant and ensuring they have a good understanding of what makes travel merchant account high risk, is one of our specialties.
Call NTC to speak with a Travel Merchant Account Specialist today!
Dial 888-996-2273
Posted in Best Practices for Merchants, Travel Agency Agents Tagged with: bank, card, chargebacks, financial, loan, merchant, payment, processors, transactions, travel, travel agent, Travel Merchant
September 23rd, 2016 by Elma Jane
What is ARC, IATA, and CLIA? what’s the difference? What it does and what type of agents would benefit most from it.
CLIA Number – is a way for vendors to identify you as a travel agent. It is issued by the Cruise Lines International Association; without the ARC accreditation, CLIA agencies cannot issue airline tickets since CLIA numbers were designed specifically for cruise-focused travel agencies.
You don’t need to get your own CLIA number if you’re working with a host agency. You can always go under their umbrella organization and use their identification number therefore, it won’t incur the costs associated with obtaining your own CLIA number.
If you are not issuing airline tickets, CLIA is a practical option because it is NOT accepted by the airlines, but nearly accepted everywhere.
CLIA vs. ARC/IATA Number – If you’re ticketing air-only reservation, ARC and IATA are must-haves.
ARC (Airlines Reporting Corporation) – gives out these ARC numbers to accredited agencies, which allows travel agencies to issue airline tickets.
The use of an ARC number extends from either a hotel to a cruise ship booking not only air tickets for travel agencies.
For a home-based travel agent or a storefront agency that only books leisure travel (no air), having your own ARC number seems too much.
IATA – International Air Transport Association Network use extensive data resource to connect the suppliers to the U.S. travel distribution network.
IATA ID card holders get promotional benefits. A concessionary incentives from suppliers (participating members) who identify the agent with an IATA/IATAN number as a valid associate; in addition to approving travel agents for the sale of travel tickets.
IATA certifies either a referral agent or an affiliate travel agent to find clients for the hosting travel agency’s business needs as well.
Give us a call 888-996-2273 and and process your travel agency payments for less!
Posted in Best Practices for Merchants, Travel Agency Agents Tagged with: card holders, payments, travel, travel agencies, travel agent
September 6th, 2016 by Elma Jane
ASTA Global Convention (AGC) in Reno!
We Look forward seeing you at Booth # 92. Please stop by and say hello! September 25-28.
We offer ASTA Travel Agents opportunity to get paid. 100% next day while you can be your own host agency with No Reserve.
Our expertise is Travel, and we have been in this industry for over 13 years. There is No sign up fee or cancellation fee. TRAMS Sabre Solution integration or any back office GDS system.
We can perform a free statement analysis in addition, to see if we can help reduce your current fees and charges. We will also Meet or Beat other processor’s rates and fees!
If you would like to Make an appointment with us during the ASTA EVENT, please contact or email Elaine Zamora at 888-996-2273 Extension 1111 elaine@nationaltransction.com
Please feel free to visit our website: www.nationaltransaction.com www.ziebest.com/national/ www.turnaroundstripdown.com
Posted in Best Practices for Merchants, Travel Agency Agents Tagged with: travel, travel agents
August 29th, 2016 by Elma Jane
ASTA Global Convention in Reno! We Look forward seeing you at Booth # 92. Please stop by and say hello! September 25-28.
We offer ASTA Travel Agents opportunity to get paid. 100% next day while you can be your own host agency with No Reserve.
Our expertise is Travel, and we have been in this industry for over 13 years. There is No sign up fee or cancellation fee. TRAMS Sabre Solution integration or any back office GDS system.
We can perform a free statement analysis in addition, to see if we can help reduce your current fees and charges. We will also Meet or Beat other processor’s rates and fees!
If you would like to Make an appointment with us during the ASTA EVENT, please contact or email Elaine Zamora at 888-996-2273 Extension 1111 elaine@nationaltransction.com
Please feel free to visit our website: www.nationaltransaction.com www.ziebest.com/national/
Posted in Best Practices for Merchants, Travel Agency Agents Tagged with: travel, travel agents
June 14th, 2016 by Elma Jane
Getting a merchant account is an important step for any business that sells services. Helping merchant to understand the underwriting process and some of the key things that are reviewed, in order to get approved.
Billing policy – Does the business bill in advance or after products or services are rendered? Businesses that bill too far in advance are at greater risk for a chargeback.
Example: A travel agency who sold travel destination packages six months in advance and cancel the trip, you’ll need to reimburse your customers.
Business type – Some business types are riskier. Industries with vague products or services are more highly to be examined in detail than those with concrete offerings.
Chargeback history – A business with a lot of chargebacks tied to their old merchant account will have a hard time with underwriting. A chargeback might be issued by the cardholder when they feel that the merchant does not fulfil the product or service being rendered as agreed.
Owner / signer credit score – Credit score plays a big role during merchant account underwriting. However, some processors will review financial statements instead in the case of poor credit. if the original signer’s credit score is insufficient, businesses with multiple partners can also try the application with a different signer.
Requested volumes – Are weighed against the processing volumes requested on the application. New businesses usually start with smaller volumes to build a trustworthy relationship before increasing their processing volumes.
Years in business – Long terms in business go a long way in merchant account underwriting, it speaks for their legitimacy. They are more prepared to respond to something like a chargeback and often have a more stable cash flow.
Posted in Best Practices for Merchants Tagged with: business, cardholder, chargeback, customers, financial, Industries, merchant account, products, services, travel, travel agency
May 23rd, 2016 by Elma Jane
Today, the information thieves want most from your customers is not their credit card numbers but their email addresses and account passwords. Criminals used stolen credentials to gain control of consumer accounts and open new accounts using their names to defraud merchants.
Data encryption and payment security are crucial for merchants, but so is helping customers keep their credentials secure. Encouraging customers to keep their information secure is a good thing.
Help customers practice good password habits – set up your system to require good passwords. Have account rules in place that require more secure passwords. ( a minimum number of characters and a mix of character types).
Remind customers what they can expect from your business – like your employee will never ask for customer account passwords or payment account information via email or no one from your company will call to ask for account passwords or credit-card information.
Offer security tips ahead of peak season – by reminding them ahead of time about account safety. Your business may receive a high volume of travel booking which means peak time for fraud attempts that need to be screened for fraud.
Keep your own fraud-prevention program updated – fraud prevention is an ongoing cost of doing business for merchants, but it doesn’t have to be too much expense. Working with your customers to keep their data and yours secure, will strengthen your business with them while protecting your business from fraud.
Posted in Best Practices for Merchants, Travel Agency Agents Tagged with: credit card, customers, data, fraud, merchants, payment, payment security, Security, travel
