Property Management Toolbox

Why Corporate Housing Landlords Should Accept Credit Cards?

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Published Date: 2012-08-20

CHBO has partnered with Accepting Credit CardsPayment Processing, Inc. (PPI) to enable you (CHBO members) to accept credit card payments and eChecks easily and economically. You can easily take payments for bookings and deposits over the phone and have the funds credited directly to your bank account.

Remember, accepting credit cards enables you to: Increase bookings – Companies prefer to pay with their business credit cards. Make it easy for companies and business travelers to book with you. Confirm bookings instantly – You can easily process a rental deposit over the phone. No more waiting for deposit checks in the mail! Send invoices electronically – You can create invoices on the fly, which you can then email your clients. Your clients can then click to instantly pay by credit card or checking account via ACH. Improve your cash flow – Funds are deposited into your bank account the next business day when you use credit cards and eChecks! Plus, you have the option of setting up recurring payments. Save time – Having a quick credit card processing process means fewer trips to the bank. Enhance your image – Accepting credit cards legitimizes your rental property business so companies feel more secure in booking your property.

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