Tutorials

How to Enter your Payment Information to Flat4Day

Have you received a booking? Great! Now it’s time for you to collect your payout. Here is how you provide your payment information to Flat4Day for your incoming payment:

1. Sign into your Flat4Day account.

2. On the homepage, click on the small arrow next to your Profile Picture & Name. In the dropdown menu that opens, click on “My Payments”

 

 

3. In the page that opens, you will be given information about possible “Payout Methods”. You can read on and choose your preferred payment method and also update this payment information anytime during your membership.

 

 

4. Once you pick one of the available payment methods (including PayPal, Bank Transfer or Western Union), click “Next” and enter the information as requested (like your IBAN for bank transfers, or your email for PayPal transfer etc)

5. Now you’re ready to receive your payment.

6. The payment from the traveler for your property is under the guarantee of Flat4Day. You will receive your payment 24 hours after the check-in date of the traveler, making sure there are no problems with the booking.

7. ENJOY and WE APPRECIATE YOUR BUSINESS!

 

How are my Payout Methods different?

 

Flat4Day offers its hosts three different payout methods for their bookings. For more information please visit our FAQ page

A brief summary of our offered payout methods are below:

 

1. PayPal:
PayPal is an online payment processing service that allows you to receive payments from Flat4day and many other merchants online. To use PayPal with Flat4day, you must have an existing account with Paypal (https://www.paypal.com). Joining is free and easy! PayPal is our preferred and suggested form of payment, because it guarantees the fastest delivery (3-4 hours) with minimum fees for withdrawing money to your account or cards.

2. International Wire:
An international wire (or international wire transfer) is an electronic payment service for transferring funds. The wire transfer is international because we are sending the funds in a currency different from your local currency from a bank outside your country. Your bank may charge a fee to receive a foreign currency. Furthermore, if the funds are transferred using an intermediate bank, the intermediate bank may also deduct fees from the payout. Flat4day cannot inform you on how much you will be charged to receive an international wire, by your bank, or by the intermediary bank. We do not recommend this payment method due to longer delivery time (5-7 days) and potentially high banking fees.

3. Western Union:
Cash pickup at Western Union Agent locations that support Quick Cash (multiple locations). Valid governments-issued photo identification will be required at the time of cash pickup. Note that money will be sent only from Monday through Friday Pacific Standard Time. Flat4day sends payouts in USD to Western Union. Western Union then converts the USD amount to your local currency at Western Union's exchange rates. Delivery time is 1 day and the transaction charge is c. 10 USD.

4. Payoneer:
Payoneer is an international payment platform and supports a variety of payment solutions, including prepaid MasterCard® debit and international bank transfers . The Payoneer platform enables hosts to choose their preferred method of payment and receive payments 24/7 all year.

Once you choose to receive your money through Payoneer, you can decide whether you want to have prepaid MasterCard® debit (this will be mailed to your mailing address) or bank transfer. You need to provide your bank or address details accordingly. The associated costs for Payoneer bank transfers are low: 3$US for Local Bank transfer and Debit Card and 15$US for sending the funds in Euro. To make the story simple, if the you receive the money in euros, the transaction fee is 15US$; if you select another currency (i.e. your local/national currency), you will only be charged 3$US.

 

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