BnB Chat integrates with PayPal for direct booking payments

Social media listing site, BnB Chat, has launched a vacation rental app that will allow property managers, hosts, and hoteliers to receive payments directly into their PayPal accounts without having to collect user data or charge traveler fees.

Over the past decade, the short-term rental (STR) market has exploded to over 5 million properties worldwide due to "merchant model" platforms like Airbnb, HomeAway, VRBO, and Expedia, which have garnered the attention of government officials and tax authorities in 34,000 cities, and 191 countries.

Each day, new laws are being enacted, which have created tremendous volatility for business owners trying to navigate the STR marketplace.

BnB Chat has developed a platform that puts business owners in total control of their companies by solving 7 of the most troubling problems they encounter every day:

• Hosts can receive direct booking from travelers without any third-party interference from any online travel agent (OTA.)
• BnB Chat does not charge the traveler any booking fees or commissions.
• BnB Chat does not collect any personal data from hosts or travelers.
• Travelers can pay for their bookings with either Visa, MasterCard, AMEX, or Discover Card, and full payments are always deposited directly into the host's PayPal account without delay.
• Travelers and hosts can communicate via chat or email prior to any booking commitment.
• Travelers can "bid" on a room (i.e. change the room rental price to fit their budget and length of stay.)
• Hosts are permitted to add a "brand name" to each listing for quick search results by travelers.

Due to the fact that 7 million Americans suffer from alcoholism each year, BnB Chat is a "social impact" company, dedicated to enacting change in employment practices across the globe.

BnB Chat's main mission is to help those struggling with alcoholism and dismantle the stigma surrounding hiring those in recovery by hiring individuals who are in the middle of working through Alcoholics Anonymous' twelve-step program.

SOURCE BnB Chat, Inc.
Edited by V. Haviland

Join us in Bangkok the 19th to the 21st of March for the Property Portal Watch Conference.