Mint Payments offers chargeback protection in travel

Mint Payments has launched Mint Protect in a bid to minimise risks associated with disputed credit card transactions for travel businesses.

 

Announced in December 2024, the solution addresses the challenges faced by travel merchants when handling card payments. According to the official press release, chargebacks, which occur due to fraud, supplier insolvency, or service non-delivery, can result in significant financial losses for travel agents. The same source reveals that, on average, travel agents lose approximately USD 24,000 annually to these disputed transactions.  

In this context, Mint Protect aims to absorb the losses associated with these claims, providing a safeguard against this operational risk.

 

 

The solution was designed for travel agents 

According to the CEO of Mint Payments, Mint Protect is designed specifically for the travel sector, where businesses often face unexpected financial setbacks. The solution aims to ease the burden of chargebacks,…