How To: Activate Payments by Booking.com
Having your unit listed in other platforms aside from Airbnb
is a good practice. Let’s face it. Not everyone knows Airbnb exists. Most travelers would just turn to google to
find a place to stay. And if they do,
one of the sites that sit atop that search page is Booking.com
Previously, guests from Booking.com are littered with “No Show Guests.” These are folks whose travel plans are not yet final but since Booking.com does not require upfront payment to reserve a unit, nor do they have that ubiquitous “Chat with the Host” option, guest would just book.
Booking.com also allows guests to pay upon check-in which drives reservation from their site much higher than with Airbnb. It is all up to the host to contact the guest, negotiate for a deposit and pray that the guest would at least reply.
Good news though.
Recently, Booking.com revamps their site and made it a little friendlier for home-sharing hosts. They now require guests to put in credit card details to make reservations and provided an option for them to collect the payment from the guest and transfer it to the host.
Every 15th of the month, Booking.com would transfer all payments collected from guests that had successfully stayed in your unit the month prior. All commissions owed to Booking.com would be deducted and the difference transferred to the host’s nominated bank account. Convenient! It’s still not at par with Airbnb, where you can get your payments promptly, but it’s a start.
To enjoy this benefit, a host would need to activate the Payment by Booking.com option from their Extranet account. To do so, follow these steps.
1.
Log in to your Extranet account.
2.
From your Home tab, look for the Payments by
Booking.com promotion button, which usually sits on the right side panel and
click the link.
3.
Fill in the details of your bank details where
you wish to receive your payout.
That’s it! You’re done. Just wait for a confirmation email from Booking.com saying that you’ve activated the payment facility.
Zoom in on the photo for answers to your questions.
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