Merchant Account

A merchant account is a type of bank account that allows businesses to accept payments by debit or credit cards.

Merchant Accounts in Travel Payments

‍Travel companies require merchant accounts to process payments for bookings, enabling them to handle credit card transactions securely.

Merchant Account Challenges‍

Setting up a merchant account can involve various fees, and companies must ensure compliance with security standards to protect customer data.

Key Takeaways

• Enables acceptance of card payments.
• Essential for online and in-person transactions.
• Involves setup costs and compliance requirements.

How Felloh can Help with Merchant Accounts

‍Felloh assists travel companies in setting up and managing merchant accounts, ensuring they have the necessary infrastructure to process payments securely and efficiently.