How do Host payments work?

When you set up your space, we will ask for a bank account to transfer funds into. 

When a guest books in, they will pay for their booking through Stripe or PayPal. We will collect all money for the month and in the first 3 days of the month after, we will transfer your earnings to your nominated bank account, minus our fees.

For example:

You have bookings in February totaling $1000. This is collected throughout the month.

On the 1st of March, we deduct our fees (17.5%) and transfer the remainder ($825) to your account.

If you have canceled a booking within the month and the liability falls with you, you will also see a deduction of the service fee and booking fee for that booking.