Be very careful. I have my properties with this system. They collect the payment and pay you on the 15 of the next month that the guests check out. For example. I have a long booking checking out in January 2020, I will only get paid on 15 Feb altough guest already has paid them in full. Our low season very much depends on the cashflow that comes from these non refundable bookings for the next high season so I asked booking.com to cancel the payments. And you can't opt out!!!!
Be very careful. I have my properties with this system. They collect the payment and pay you on the 15 of the next month that the guests check out. For example. I have a long booking checking out in January 2020, I will only get paid on 15 Feb altough guest already has paid them in full. Our low season very much depends on the cashflow that comes from these non refundable bookings for the next high season so I asked booking.com to cancel the payments. And you can't opt out!!!!
I wouldn't take it again.