Airbnb has launched a new feature called “Reserve now, Pay later” that allows users to use property that cannot be canceled.
The feature applies to the property that has a “flexible” or “moderate” cancellation policy. Flexible policy so users canceled your reservation up to 24 hours before checking, when the moderate policy allows cancellation no cost to five days before check-in.
Users must pay for the full amount for your order before the free cancellation period of the listing completed. Airbnb will send a reminder user to pay before the date.
The company is not new to buy-now, the payment arena. In 2018, launched “part part now, section later Product That allows users to pay 20% or 50% on the first tranche and more later. In 2023, the company runs with clanna User paid to stay in four installments for more than six weeksSee rankings-.
Complete the survey conducted with focaldata, AirBnB says 55% of which researched the more flexible payment options when they are 42% say that they do not know the logistics of payment with other tourists.