A third-party service that manages security deposits for short-term rentals, holding funds securely and disbursing them according to the terms agreed upon by hosts and guests.
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Glossary Term: Payment Processing
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Software designed to manage operations of short-term rentals, including bookings, guest communication, and payments.
An online platform or section of a website where guests can access their booking details, communicate with hosts, make payments, and access relevant information about their stay.
Ensuring a seamless and user-friendly booking process for guests, from searching for availability to confirming their reservation.
Software designed to help hosts manage their short-term rentals, offering features such as automated messaging, booking calendars, payment processing, and performance analytics.
Handling secure online payments from guests for bookings, typically through integrated payment gateways within channel managers or property management systems.
The online platform provided by Square that allows businesses, including short-term rental hosts, to manage their payments, invoices, customer data, and other business operations.
The process of connecting your short-term rental platform or property management system to your Stripe account to enable seamless payment processing.
A mobile point-of-sale (POS) device offered by Square that allows hosts to accept credit card payments from guests, particularly useful for security deposits or incidentals.
A popular payment processing platform often integrated with property management software, enabling hosts to accept credit card payments and manage transactions securely.