Payment service providers offer a new level of convenience to people in the vacation rental industry and their customers with payment methods including credit cards, direct debits, bank transfers, and online real-time bank transfers. To make vacation rentals work with different online payment methods, service providers connect to acquiring banks, credit cards, and payment networks. They manage these technical connections and relationships through the use of external networks and bank accounts. As a result, vacation home rental owners can diminish their dependence on financial institutions.
Payment Method 1: Credit Card
Credit cards are payment cards issued to consumers that can be used as a method of payment for vacation home rental charges with properties that accept credit cards based on the holder’s promise to pay in the future. In order to accept credit cards as an online payment method, vacation rental properties turn to credit card processing providers.
Payment Method 2: Debit Card
Debit cards, also known as check cards, are a convenient payment method for vacation rental customers looking for a simple way to pay. Instead of cash, debit cardholders can use debit cards to pay vacation rental properties that accept them. To accept debit cards as an online payment method, vacation rental properties engage the services of debit card processing providers that keep the system working.
Payment Method 3: ACH
ACH is the acronym for Automated Clearing House. The ACH payment method utilizes electronic credit or debit transfers that let vacation rental customers make payments from their bank accounts. Most payment processors offer ACH as an online payment method to their customers. Many vacation home rental properties prefer to accept ACH payments rather than debit and credit cards.
Electronic Payment Methods in Check Dominated Industries
With 15 years of experience in the business of helping vacation rental properties accept payments online via different payment methods, VacationRentPayment offers a customizable, scalable, and flexible payment solution built on a foundation of extensive vertical expertise. By simplifying the way you accept payment for your vacation home rental, we can help you build a base of loyal customers. What’s more, online payment methods protect you from the inconvenience and hassle of paper checks.
Why You Should Use VacationRentPayment for Your Vacation Rental Property
VacationRentPayment is the payment service provider for a long list of companies that value us as a partner. We are committed to nurturing mutually beneficial relationships with the people we do business with. When you work with us, you are considered a partner not a customer. Of course, it doesn’t hurt that we are experts in working with different methods of payment in the vacation rental industry. No matter your size; large enterprise, small business, or startup, when you take us on to help you with accepting online payment methods, we commit to giving you dedicated customized service backed by extensive industry experience.