Few beginner questions about payments
Sorry for asking questions that are probably already answered in other topics but I just can't sort all those informations in my head...
I have one apartment for rent. I take cash from my guest as I don't have ability to accept credit card.
My questions are:
1) What will happen if I choose to accept only cash and in polices I set that I want to charge guests card after "free cancellation" is over and set Creditcard od Paypal as payout method?
This is contradictory to me as I will never charge my guest in cash as all of them will be already charged before arriving because of passing free cancellation period.
Also, if I choose paypal or credit card as payout method, how and who will charge guest? Will it do booking.com for me or they would just show me guests credit card number? Same question is for paypal?
2) What do guest in general prefer more when they book apartments: to pay with credit card or to pay in cash? Will setting one of those increas or decreas booking rate of my apartment, and what are good and bad things of each option?
3) Is it possible to set up booking.com to charge guest as Airbnb, and also to automatically deduct provision from that money they collect for me as it is too expensive for me to pay via bank transfer booking.com provisions? Is it possible to somehow keep money on booking.com and then transfer it to my account once when some limit is reached or something (as AirBnB is offering)?
4) What credit card processing tool (or how it is called??) do you suggest to use. Paypal here is not available in my country.
I am little lost in those payment related topics and just can't figure out what would be best to choose. Last night I thought that I will have no show and that inspired me to think about this as I was all the sudden aware that I could lost good amount of money if guests didn't arrive and I could do nothing about it.