You need a credit card processing outfit that specializes in charter service merchant accounts because they realize the challenges that the industry itself faces. Jet charter industries are categorized as high-risk because of the large amounts per flight that they often process. When you provide private flights to people, you can charge clients anywhere from $17,000 to $32,000 per flight. Common payment processors such as Stripe and PayPal will not work with ticket transactions this high, because of fraud potential. Encountering charges like these will lead to the closing of your account before you know it.
We highly advise finding a high risk credit card processing company to minimize risks with your payment processing ability. Having a merchant account that is high risk, means your business will be able to accept credit card payments without worry of your account being jeopardized.
A few risks involved when furnishing a charter service with a merchant account include: