Airbnb lets users stagger the cost of stays

ETX Daily Up

16 January 2018 at 5:08 am

Airbnb users can now pay for rentals in two instalments

Tuesday, January 16, the online community marketplace for accommodation rental launched a new payment option letting users pay for stays in installments. The option is available for bookings with a total cost of more than $250/€200.

Airbnb is now letting users stagger the cost of their bookings. Travelers can cover the total cost of their rental, including Airbnb fees, in a maximum of two installments. No extra fees apply to bookers choosing this payment option. Airbnb points out that this is not a credit offer.

This option is only available for bookings of a minimum $250 or €200. Bookings must also be made at least 14 days before the first day of the stay.

Payment is possible by bank card or by Paypal. The first 50% installment is debited at the time of booking, while the remainder is debited a few days prior to the guest's arrival, depending on the host's payment policy. Users are given 72 hours' notice of the second debit by e-mail or SMS.

Airbnb is launching payment by installments worldwide, except in Brazil, India and China.

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