BEST PAYMENT METHOD?

BEST PAYMENT METHOD?

Hi! I'm Claudia! This is the first time I' hosting with Airbnb. Can someone let me know which is the best payment method to accep? I know there are fees involved with paypal, but not sure the percentage. Is there a better method to receive payments? Thank you!

7 Replies 7
Linda0
Level 10
Spring, TX

Hi Claudia -
I believe PayPal is the fastest pay method. I have heard regular banking institutions take up to a week to do payout transactions, and there is no transaction fees with PayPal.

There is no transaction fee, but they give really, really bad excahnge rate.

Cobus0
Level 2
Johannesburg, South Africa

Hi

 Who determine the exchange rate? Pay Pal or the Bank?

How close do your approved hosting fee comes to the amount that is paid by the bank?

but there is horrible exchange rate

Gerry-And-Rashid0
Level 10
London, United Kingdom

Paypal

Edwin57
Level 10
New York, United States

I open a bank account for things like this also keep in mine to have a budget of your own to keep thing running payments always come in 

Christine96
Level 2
Florida, United States

I have properties in listed on AirBnb in 

Canada but I live in the US. Is it better to ask for US funds or Canadian funds?