The Connectivity Gap
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HomeToGo has recently announced the debut of its brand-new Payment solution as part of its commitment to support Property Managers in their success by consistently boosting the bookings and conversion their homes generate. HomeToGo wants to provide customers more options, including the ability to pay now or later and maintain their own cancellation policy.
First of all we will give a short overview of current trends in alternative payments. We will then explain the (new) payment options offered by HomeToGo and its benefits.
Learn more about the integration process with HomeToGo, commercials and to start getting connected.
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Alternative payments, i.e. payments that do not involve cash such as using a credit or debit card, cryptocurrencies and other, are seeing an exponential growth in usage.
The “buy now, pay later” payment method has seen incredible growth already and is expected to even double its growth from 2020 to 2024, i.e.: from 2.1% in 2020 to 4.2% in 2024.
44,5% of the total e-commerce is paid using digital and mobile wallets.
The growth of using digital wallets is global, however, Europe has seen the highest growth so far, accounting for 26,4% of total e-commerce payments.
As the world is moving towards e-wallets and digital currencies, HomeToGo provides several options that are tailored to the increasing demand for alternative payments, such as e-wallets and digital currencies.
So, how does the payment process exactly work when using NextPax Channel Manager and HomeToGo? It is actually quite simple. When users find your properties on HomeToGo and complete the booking, including the payment on HomeToGo, a confirmation email is being sent to the end-user, which includes your company’s name and booking details. Likewise, a booking confirmation is then sent to your NextPax account. Finally, HomeToGo will collect the booking amount, and then transfer your share 1 day after the check-in date.
HomeToGo offers a wide range of payments, and the list is continuously growing.
The current payment methods offered by HomeToGo are the following:
● Visa/Mastercard
● Klarna
○ Pay Now
○ Pay Later
○ Pay Over time
● Cartes Bancaires
● Bancontact
● iDEAL
● EPS
● Google Pay
● Apple Pay
● PayPal
*Payments by HomeToGo is not yet launched in the U.S.
Do you also want to enjoy the benefits of HomeToGo Payments? Download the report to learn more about it and on how to get connected. Enrolment is very simple.
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