July 04, 2018

Airbnb tests earlier payouts for hosts


Airbnb is testing a new payments feature for hosts, letting them get partially paid out at the time of booking.

This feature isn’t rolling out to everyone just yet, as Airbnb says that this is just a preliminary test to gauge interest. Invited hosts simply opt in to payout splitting to check out the feature.

Here’s how it works:

Normally, Airbnb hosts are paid 24 hours after their guest’s scheduled check-in time. With the new payouts test, hosts who have been invited and opt in will receive 50 percent of their cash three days after the guest has booked their stay, and the other half will be received 24 hours after check-in time.

For their trouble, Airbnb is taking a 1 percent fee of the booking subtotal for early payouts.

Get the full story at TechCrunch

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