Tools and platforms that automate and streamline tasks like bookings, communication, cleaning, and payments for short-term rental hosts.
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Glossary Term: Payment Processing
39 posts
Secure and efficient payment processing systems that allow guests to easily book and pay for their stay, while ensuring timely payouts for hosts.
A user-friendly and secure platform that allows guests to easily browse, select, and book their desired dates.
A service that securely authorizes and processes credit card payments made by guests booking your short-term rental.
The predetermined timeframe in which platforms like Airbnb and VRBO release rental earnings to hosts after guest check-in.
A secure online service that processes payments from guests to hosts for short-term rental bookings. Payment gateways facilitate secure transactions, manage refunds, and ensure timely payouts to hosts.
The process of transferring funds between guests, hosts, and booking platforms for short-term rental transactions.
A portable device enabling on-the-go payment processing, useful for short-term rental hosts collecting payments, security deposits, or offering additional services.
The charges that platforms like Airbnb and Vrbo deduct from host earnings for using their services, typically a percentage of the booking amount.
A software application integrated into a vacation rental website that enables guests to directly book and pay for their stays online, streamlining the reservation process.
A document that outlines the charges for a short-term rental stay, including the nightly rate, cleaning fees, taxes, and any additional services. Provides a clear breakdown of costs for both hosts and guests.