Tools and platforms that automate and streamline tasks like bookings, communication, cleaning, and payments for short-term rental hosts.
Menu
Glossary Term: Payment Processing
39 posts
A user-friendly and secure platform that allows guests to easily browse, select, and book their desired dates.
Secure and efficient payment processing systems that allow guests to easily book and pay for their stay, while ensuring timely payouts for hosts.
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.