How You Get Paid
On Chumaround, a local host can choose whether they want to be be (1) paid immediately for guest bookings or (2) receive payments in the local currency at the time of their meeting.
Accept Payments When a Guest Makes a Booking
Hosts can require that guest pre-pay for a chum around when they make their booking. This option is for hosts that require peace of mind knowing that they have a confirmed booking from a guest that has already paid in full.
When a host requires an immediate payment for a booking, the guest will see a payment page when they checkout. This makes it easy for guest to make payments for their bookings using any major credit card. Payments are secure and processed through one of the world’s most top rated online payment processor – Stripe.
It’s quick, easy, and free to connect Stripe to your listing. Once connected, guest will see a Stripe payment page that allows them to pay with all major credit cards. When a payment is made for a booking the funds are sent directly to the host’s Stripe account. Hosts will also pay a 14.5% service fee for all Stripe transactions processed via Chumaround. To learn more about how to allow your guests to pre-pay for their bookings, visit Chapter 5.1.2.
Accept Payments When You Meet Your Guests
Many hosts prefer to receive payments from their guests when they meet. They can accept payments in their local currency or use mobile payment Apps like Intuit, PaySimple, and Square.
If a host prefers to be paid when they meet their guests, then guests will not see a payment page when they complete their booking. Rather, they will be directed to their booking’s page where they can print their reservation and bring it to their meeting.
Tip: The default payment method used when a host creates a new listing is Prepayment Not Required. Therefore, you do not need to change/add any payment settings. If you elect to accept payments when you meet your guests, we recommend that payments be accepted prior to the start of the chum around.