Running Tour and Travel Business : You are at High Risk (MCC 4722)

If you run a travel agency as the tour operator, or hotel operator planning to the same then you must be excited by the opportunities in High Risk.

Before start receiving online funds, you must setup payment gateway for your merchant account.

Your online payment gateway basically makes it possible for your customer’s payment to reach the merchant bank’s processor.

But if you are just starting, then getting a merchant account for business is the toughest job.

Good financial credibility also not getting the merchant account for you. You may or may not be aware. But the real and only reason is that your business model falls under high risk.

And banks and merchant gateway providers think that they have credit risk involved with the industry you are in.
This is not because the salesperson does not want your business.

This is because the bank or their processor will not accept high risk businesses because of the regulatory and/or charge-back risk.

But remember, all is not lost. With some negotiations and risk management strategies, all of this can be overcome.

Reasons why your business is high risk

Industry Language Normal Language
High ticket size Expensive travel
Charge-backs Cancellations issue
Long Fulfillment time horizon Refund issues
High Failure rates Competitive business


Email us anytime!

Email customer service 24/7

Call us anytime!

Reach customer care 24/7 at +1 (888) 622 – 6875


  • Find consultants who specialize in the helping high-risk merchants finding a merchant account.
  • We at merchant stronghold provide you the same.
  • If you have a good record of risk, fraud, and charge-backs, you will be required to provide at least 6 months of prior financials to prove it.
  • The best side of this is that if you can provide financial statements of 3 years, you will have more leverage to negotiate a better deal.
  • Startups with a weak or non-existent record, you must accept a very well relationship.
  • A common mistake that everyone does is to find big banks and merchant account, providers.
  • If these processors receive any hint that you are high risk, there is a chance that the merchant account will get a termination.
  • Develop and put into action a strong fraud prevention plan. Introduce new tools that will help you detect and fight fraud.
  • Purchase a financial failure insurance plan to boost financial security.

These actions will be enough to get a merchant account for your tour and travel business. Just because of rejection for a merchant account before, doesn’t mean you will not get approval again.

When it comes to your business plan and financials, providing complete transparency is a great way to build trust.

Your business model matter, it will work to not only survive in the current market but also thrive.

It is necessary for you to choose the best merchant account provider to better your newly founded organization.You can reach us at +1 (888) 622-6875 or email to

We will be glad to help you in getting a good merchant account for your business.

Feel free to get in touch, we’ll be glad to hear from you!

High Risk business


Leave a Reply

Your email address will not be published.