Payment service providers are bringing added convenience to inns, bed and breakfasts and their customers by empowering them to receive payment through a range of payment methods that include direct debits, credit cards, bank transfers and online real-time bank transfers.
To enable an inn or bed and breakfast to accept different methods of payment, service providers make connections with acquiring banks, credit cards, and payment networks. Utilizing external networks and bank accounts, they are able to manage these relationships and technical connections. The result is that inns and B&Bs are able to rely less on financial institutions. Some payment service providers also enable the use of innovative online payment methods such as wallets, prepaid cards and e-checks.
Payment Method 1: Credit Card
Credit cards are payment cards issued to consumers who use them as a method of payment. Cardholders can pay for charges at inns and B&Bs that accept credit cards based on the holder’s promise to pay in the future. To accept credit cards as an online payment method, inns and B&Bs engage the services of credit card processing providers that make the system work.
Payment Method 2: Debit Card
Debit cards or check cards are a convenient payment method for inn and B&B guests needing an easy way to make payments. Rather than use cash, cardholders are able to pay for stays at inns and bed and breakfasts with debit cards. To accept debit cards as an online payment method, inns and B&Bs work with debit card processing providers.
Payment Method 3: ACH
ACH is the acronym for Automated Clearing House. The ACH method of payment uses electronic credits or debit transfers that allow inn and B&B guests to make payments from their bank accounts. Most payment processors offer ACH as an online payment method to their customers. Many inns and B&Bs prefer to accept ACH payments online from their guests rather than debit and credit cards.
Digital Methods of Payment in Check Dominated Industries
InnPayment offers customizable, scalable, and flexible payment solutions built on a foundation of extensive vertical expertise. We have 15 years of experience in the business of helping inns and bed and breakfasts accept payments online via various payment methods. We simplify the way you accept payment for your inn or B&B, and that helps you build a loyal customer base. Additionally, online payment methods shield you from the inconvenience of paper checks.
Is InnPayment Right For My Inn or B&B?
We believe in nurturing mutually beneficial relationships with the inns and B&Bs we do business with. When you work with InnPayment, you are seen as a partner not a customer. Considering that we’re expert in working with different payment methods in the inn and bed and breakfast industry, it’s not surprising that we provide payment services for a long list of valued partners.
No matter your size, with InnPayment as your payment processor, you’re assured of dedicated customized service backed by extensive experience with inns and bed and breakfasts.