The Transaction Group (TTG) specializes in helping businesses establish a credit card processing solution for their high ticket transactions. We set up credit card processing accounts for aircraft sales, rentals and charters for businesses throughout the world.
If you own an aircraft charter business, it’s essential to have a merchant account for customer reservations, payment, and collection of incidentals. Also, having a credit card processing account for jet charters offers convenience to your customers, allowing them to pay with a preferred card or corporate credit card.
For airplane sales, having a merchant account so you can accept credit cards from your customers is critical. Whenever you’re talking about large ticket transactions (like a down payment on an airplane), it’s important you give your clients the luxury of paying with their card and not out of pocket.
If your airplane sales or charter business is in need of a credit card processing solution, TTG can help.
Not every processing bank is able to provide a merchant account for your business. Aircraft sales, rentals and charters are high ticket transactions that require a high risk merchant account.
A high risk merchant account is common for many businesses regardless of their size. The business model is a key factor in determining whether a business is low risk or high risk. Here are a few of the elements that make up the business model:
• the specific services you offer or wares you deliver
• product pricing
• your promotional strategy
• your level of customer service and support
Credit card processing for airplane sales, rentals and charters is also considered risky to banks because of the potential for charge backs by customers. When determining the rate for a high risk business, the processing banks evaluate a number of things, including processing history.
Three months of processing history with no charge backs is a clear indication that your business is operating with your customers’ interests in mind. A company that has been processing for some time and holds a favorable processing history will have some leverage in negotiating a better rate.
If your business is currently not processing credit cards, obviously you will have no processing history and will be subjected to a slightly higher rate. Working to develop a good track record with your processing bank will help you down the road in securing a better rate.
TTG is a Merchant Account Leader
TTG has been in business since 2004 and has solid banking partners throughout the world. We have set up thousands of high risk businesses with high risk merchant accounts.
We are a top-rated and respected company that prides itself in service excellence. We go the extra mile at TTG, developing a customized solution based on your specific needs. We consider our merchants to be our partners. At the end of the day we want our partners to be satisfied and continue to process with a TTG solution.
Take advantage of our free rate analysis and allow us to work to earn your business. It’s possible that we can save you up to 20% on your current processing rates and fees. Email your recent processing statement to email@example.com or fax it to 1-312-896-5628.
To get set up with credit card processing for private jet sales, rentals and charters, click the appropriate link below, or call us today!