Why Private Airlines and Charter Jets are Considered High Risk:

The economy is on the rise and so is the private airline and charter jet industry. Payment processors still consider them high risk, though, because:

• The high-value transactions
• Flights can be delayed, changed, or even cancelled for a variety of reasons
• There are no regular routes or schedules, which could increase the risk of chargebacks
• Scheduling and reservations are made online and in advance, also increasing risks of fraudulent purchases

Some things are just the nature of the business

BankCard Services works with high-risk businesses like private airlines and charter jets to get the best credit card processing, so you can grow your airline without hassle or headaches.  It pays to work with a credit card processing company that understands the intricacies of your business. In addition to the general things you should look for in a merchant provider, find a provider that offers:

• Chargeback mitigation programs
• Support for high-dollar transactions
• Flexibility to work with customers in case a flight is delayed or cancelled