PTS has partnered with First Data to offer individual merchant services to PTS members. The majority of travel companies require the facility to be able to take credit card and debit card payments from customers but merchant facilities are incredibly difficult to secure. The travel industry is considered high risk so obtaining merchant facilities becomes an arduous chore and if successful comes with the attachment of high charges.
However, PTS manage to secure credit card facilities for 99% of our members with the most successful rates in the industry. The Payment Services Regulation 2017 – Applicable to travel business came into effect January 2018. Card charges are more important to consider than ever since it has become a further overhead and must be absorbed by the company and not the consumer.
The PTS compliance team work closely with First Data to ensure each PTS member’s application goes through as smoothly as possible. PTS support each member every step of the way.
First Data charges are affordable for PTS members. Each merchant number is only £15 a month for Ecomm and MOTO and this fee is absorbed if your company charges are above this each month. Credit card fees are between 1.1% and 1.3% and debit card fees are between 0.25%- 0.35%
First Data develop innovative solutions to ensure payments are faster, safer and more simple for both businesses and consumers. The PTS and First Data partnership is a key benefit for all PTS members
‘Shaping the Future of Global Commerce’
If you would like to discuss this further or for any other questions then please contact PTS on 020 7190 9988 or email – firstname.lastname@example.org