Pay Pal - Easier and Safer Bookings.
The internet is inundated with Fraud and Scams. Scammers try to use marketplaces to defraud honest and hard working people every day. This problem is not unique to Rentalo but rather a systemic problem happening throughout the internet community.
There are numerous scams schemes. Find a detailed list at the FBI’s website http://ic3.gov
Most scammers require an upfront sum of money in cash (e.g., wire transfers, bank transfers, checks, moneygrams, etc).
In order to fight fraud, Rentalo.com recommends that property owners accept credit card payments from travelers. In general, credit cards provide a higher level of security and peace of mind to consumers. Nowadays, it is very easy for owners to accept credit card payments. Due to its simplicity and ease of use, Rentalo recommends PayPal.
Here is how Paypal works for propery owners:
- You register with Paypal.com and open a Merchant Account with them. Click here to see tutorials, FAQs, etc
- PayPal will provide you with a payment link that you can post on your your Rentalo page (or on your own website). Travelers that need to make a payment, can simply click on your payment link and follow the simple instructions.
- PayPal will take the payment made by the traveler via Credit Card or PayPal and will deposit it in your PayPal account, minus a small fee per transaction.
- Once the payment has been deposited in your PayPal account, you can simply make a transfer to your own bank account. It’s that Simple!
We want to thank you for helping us make Rentalo.com the safest site to book a property online. This will also help you increase your bookings and avoid fraud.