Focus Session - Payment Methods

OwnerRezAug 19, 202627m 27s5 viewsScore 88
Hosting Operations
intermediate
OwnerRez
Automation
Direct Booking
Bookkeeping
VRBO
M

Summary

AI-generated

This technical walkthrough explains how to configure and manage the four payment types supported by OwnerRez: Credit Card Processing, PayPal, Manual Check, and Manual Custom (Venmo/Zelle). It details gateway setup, automated security deposit logic, and the critical importance of manually recording offline payments to prevent system auto-cancellations.

Key insights

  • You can assign different payment gateways to specific properties, which is essential for hosts managing multiple LLCs or properties for different owners.

Mistakes to avoid

  • Failing to manually record a received check or Venmo payment in the 'Transactions' tab, which causes the system to auto-cancel the guest's booking because it still identifies as 'Unpaid'.

Tools & resources

  • Stripetool

    A recommended credit card processor with deep integration for automated payments.

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial