Offering multiple ways for travellers to pay is likely to increase your bookings. Here are some reasons for you to consider accepting the most popular payment methods:
- Credit cards: They’re common with travellers because they allow them to avoid carrying cash. Some credit card issuers offer travel insurance for free. Business travellers use them to easily deduct their lodging cost from taxes.
- PayPal: Now becoming more common by the day. It is an excellent alternative to accepting credit cards indirectly. When a traveller is asked to pay via PayPal, PayPal will ask for a PayPal account or a credit card. PayPal will get the payment and then transfer it to you.
- Cash: Good ol’ cash is still used by many travellers, thus you should consider accepting it. Please note, however, that if you only accept cash, we won’t allow you to get bookings that require advanced payments from travellers. We do this as a safety mechanism. Learn why.
Your Homework:
Make sure your listings shows all the payment methods that you accept. Go to My Listings, click on Update Listing Details, and then scroll down to Payment Methods.
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Photo by Darren Hester
Alexander is LetMeGo's co-founder and jefe. Here is his LetMeGo 
Here at Glenribbeen Eco Lodge we accept credit cards for bookings over the internet but hate the fact that the credit cards payments cost so much – about the same as our own mark-up. So we use the cards to guarantee the booking and then take cash as payment – the nearest ATM is but 1 mile from us and we tell our guests that we much prefer cash beforehand.
I’d consider posting a note to say we have an administration charge on creditcard payments – but I wonder if that’s legal.
Peter