Buy Now Pay Later – Mobile Wallets for Short-Term Property Managers
Revolutionize your bookings with payment wallets
Payment Wallets such as PayPal and Venmo offer numerous advantages by streamlining financial transactions and enhancing overall customer experience. Customers can seamlessly make transactions with just a few clicks.
Payment Wallets provide a secure platform for financial transactions, using advanced encryption technology to protect sensitive information. This security feature instills trust in both property managers and guests, fostering a secure and reliable payment environment.
These features are fully integrated which means you don’t have to work with third parties. All transactions are seamless within your PMS.
Increase bookings with Buy Now Pay Later (BNPL) payment option
Buy Now Pay Later offers many benefits that improve convenience and financial flexibility, revolutionizing the way people book their vacations. This gives customers the freedom to book their vacations without being constrained by short-term financial restrictions.
Buy Now Pay Later options cater to a diverse range of customers, including those who may not have access to traditional credit facilities. This inclusivity expands the customer base and fosters brand loyalty as individuals appreciate the tailored approach to their financial circumstances. With the flexibility to choose from various repayment plans, customers have the autonomy to align payments with their income schedules, enhancing their overall experience.
Benefits for Property Managers
Payout Reliability
Get paid in full at the time of booking, regardless of deposit terms. Full payment is made via PayPal and the payment is nonrefundable.
Payment Security and Risk Mitigation
PayPal takes all merchant risk, bearing responsibility of collecting payments from guests and other payment risks.
Increased Traffic to Your Booking Website
PayPal plans to use its member base to drive traffic to websites supporting the buy now pay later program.
Bypass Third Parties
Since these features are fully integrated with Lynnbrook, you don’t need to use a separate tool or third-party to use them.
Helps Boost Sales
Offering installment options can help drive conversion and customer loyalty.
Pays You Up Front
Receive complete payment when orders are processed and we’ll take care of billing.
Increases Order Value
Shoppers may spend more at checkout if they know they can pay over time.
Attract Repeat Customers
79% of Millennial and Gen Z Buy Now, Pay Later users are more likely to shop at a merchant again if offered a Buy Now, Pay Later option.