Mint Payments has unveiled a new offering called Mint Protect to protect travel businesses from the financial risks associated with disputed credit card transactions.
Previously announced in December 2024, Mint Protect uniquely addresses the challenges travel merchants face when accepting card payments.
Travel agents lose an average of $24,000 per annum to these disputed transactions known as chargebacks, which occur due to instances of fraud, supplier insolvency, and service non-delivery.
Chargebacks represent a major operational burden and financial risk for travel businesses which Mint Protect now provides a safeguard for by absorbing the losses related to these claims, reinforcing Mint’s commitment to supporting the travel…
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