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Payments: FAQs

Updated 1 week ago | 10 min read
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As a result of Covid-19 and to protect the interests of our partners and their guests, we changed the activation date of all virtual credit cards to one day after check-in. We’re now reversing this change for certain eligible partners. Read section 2.7 of this article for more info.

Note: Our payment solutions aren’t available everywhere yet. We’ll let you know when they’re available for your property.


In this article

SECTION 1: General information

SECTION 2: Getting paid by virtual credit card

SECTION 3: Getting paid by bank transfer

SECTION 4: Payments in North America

SECTION 5: Payments in Brazil

 

  • We can facilitate guest payments for you in a way that suits your property’s needs. We can pay you either by virtual credit card (VCC) or bank transfer, according to the policies you’ve chosen for your property.

    In the past, international travelers may have been unable to book a stay at your property because their preferred payment options weren’t available. We now support alternative payment solutions like PayPal, Alipay, and WeChat Pay, so more guests can book with you.

    To learn more about our payment solutions and how to use them, read this article.

  • Here’s how to tell whether a guest has paid online:

    • The subject line of the guest’s confirmation email will include the words “Paid online”
    • The words “Paid online” will also appear in the Status column on the Extranet’s Reservations page
    Payments

    Are you using a channel manager or property management system (PMS)? 

    • If you’re having issues seeing the info required, contact your connectivity provider and ask them about the following features:
      • Extra information about the reservation (res_extra_info): this feature enables your PMS/CM to indicate which reservations Booking.com facilitates the payments for
      • Payments Clarity Package: this feature will enable you to see the virtual credit card balance, activation, and expiration date in your PMS/CM

    We charge guests based on your policies and guarantee that guests will make full payments before arriving to your property. If the credit card info a guest provides is invalid and they don’t update it or provide valid card info within 24 hours, we’ll automatically cancel the reservation. If this happens, we won’t charge you commission for that booking.

  • You can see which payment method we’ll use for each booking in the Price column on the Extranet’s Reservations page. You can also see the details of the payment method in the “Payment details” area of the “Reservation details” page for each booking.

  • We’ll usually include extra fees and charges in the amount we collect from guests when they pay online. The exception is for amounts that are broken down per person that you’ve set to “excluded” on the Extranet. You’ll need to charge guests for these amounts yourself. You can see the breakdown of charges for each booking on the Extranet’s Reservation details page.

  • We don’t collect damage deposits from guests, but you can arrange one directly based on your own house rules. To learn more about setting up damage deposits, read this article.

  • You need to provide your guests with an invoice when they check out. This is because the reservation agreement is a direct transaction between you and your guest, not with Booking.com. You can provide the invoice on paper, by email, or both.

    Here’s some other important info about invoices:

    • We hold no responsibility for invoicing. We don’t send invoices for reservations to you or your guests
    • Make sure you issue invoices in your guest’s name, or another name agreed upon with them
    • For payouts you receive by virtual credit card, the cardholder name will always be “Booking.com (Agent)”
    • When we charge a guest, there may be tax implications for you. To learn more about local taxes, read this article

    For more info about invoices, read this article.

  • If you decide to refund a guest and we haven’t already paid you for the booking, we won’t. Instead of paying you, we’ll refund the guest on your behalf.

    If we already paid you for the booking by bank transfer, we’ll deduct the amount we refund the guest from your next bank transfer payout. If you’re not due to receive a payout at that time, you’ll need to pay us the amount we refunded to the guest. We’ll send you a debit note to let you know about this.

    If we’ve already paid you for the booking using a virtual credit card (VCC) and you already charged it, you’ll need to refund it. To learn more about refunding VCCs, read this article. If you haven’t charged the VCC yet, you don’t need to do anything.

  • A virtual credit card (VCC) is a temporary, digital Mastercard that’s linked to an existing credit card. It functions like a regular credit card and helps guests make secure online payments.

    Here’s what you need to know about charging VCCs:

    • For every relevant booking you receive, we’ll send you a new VCC
    • As long as a VCC is active, you can charge it as many times as you like until the balance reaches zero
    • Each VCC has a unique card number, expiration date, and card verification code (CVC), and we never reuse these details
    • Each VCC also has an activation date that’s generally set to one day after the check-in date, except for eligible properties where the VCC is activated when the reservation becomes non-refundable

    Once the VCC is activated, you can view the details on the Extranet as many times as you like for 18 months (547 days) from the check-out date.

    You have up to 365 days after the check-out date to charge a VCC. If you don’t charge it by then, the funds will revert back to us. We’ll also email you a weekly summary of any amounts you have remaining on VCCs.

  • Here’s how to charge a virtual credit card (VCC) for a reservation that the guest paid for online:

    1. Log in to the Extranet and click Reservations
    2. Click the guest’s name or reservation number to view the Reservation details page
    3. Click View credit card details
    4. Enter the VCC details using your POS machine
    5. Charge the available amount displayed

    For a more detailed explanation of how to charge VCCs, watch this tutorial video.

    If you use a channel manager or property management system, learn more about charging VCCs by reading this article.

  • If something goes wrong when you try to charge a virtual credit card (VCC), you’ll be able to see why on the Reservations details page about 30 minutes later.

    Here are the most common issues with charging VCCs and what to do to resolve them:

    • If the card isn't active yet, check the activation date again on the Extranet
    • If the card has insufficient funds, check that the amount you’re charging matches the available balance and try again
    • If the entered CVC code is incorrect, double-check you’re using the correct number
    • If the entered expiration date is incorrect, make sure you’re using the correct expiration date
    • If your POS machine merchant code is invalid, contact your payment service provider for help. Booking.com’s VCCs can only be charged by merchants registered as accommodation providers. You can get your code changed if necessary.
    • If there’s a security lock, you’ve made too many attempts to charge the same card and should try again in 24 hours

    If you’re having other problems charging a VCC, contact us via your Extranet inbox.

  • If you receive a cancellation, no-show, or modification and you’re owed money, we’ll send you an email with updated virtual credit card (VCC) details.

  • If you’ve already charged a virtual credit card (VCC), there are two situations when you’ll need to refund it:

    1. You or your guest cancel or modify a booking, or the guest doesn’t show up, and you agree to waive any fees that would apply
    2. A reservation is canceled due to Force Majeure. In these cases, guests shouldn’t be charged for stays they can’t complete, so we waive commission on affected reservations

    In both cases, we’ll refund the guest and you’ll need to refund the same VCC you originally charged. To learn more about how to do this, read this article.

  • When a guest makes a booking and pays for it online, we’ll send you a virtual credit card (VCC) along with the booking details. This card gives you access to the exact amount for that booking, and you can charge it as you normally would. Just make sure you do so after its activation date. This is generally set to one day after the check-in date, except for eligible properties where the VCC is activated when the reservation becomes non-refundable.

  • Partners with an established payment track record are eligible for an earlier activation date. To qualify, you must:

    • Process monthly invoices on time, according to payment due dates
    • Have no unpaid or written-off invoices from the past 12 months.
    • Have no outstanding VCCs past the 60- to 90-day deadline when a guest refund is required
    • Have six months of partnership with Booking.com, including validated guest stays and reviews.

    If you meet all these criteria, you’ll start to receive VCCs with earlier activation dates from week six of the following quarter. We review eligibility every quarter. If you no longer meet the criteria, we’ll go back to issuing VCCs with an activation date set to one day after check-in.

  • We generally activate virtual credit cards (VCC) one day after the check-in date. For eligible properties, we do this when the reservation becomes non-refundable. Once the VCC is activated, you can view its details on the Extranet as many times as you want for 18 months (547 days) from the check-out date.

    You have up to 365 days after the check-out date to charge a VCC. If you don’t charge it by then, the funds will revert back to us. We’ll also email you a weekly summary of any amounts you have remaining on VCCs.

  • If you’re asked to enter a zip or postal code when you charge a VCC, you can use the guest’s or your own zip code, or else 1017CE, which is the postal code for our headquarters in Amsterdam.

  • Your payment service provider will generally charge a fee between 2% and 3% for facilitating each transaction. The exact amount you’re charged may depend on local laws and any additional fees charged by your bank. For more info, contact your payment service provider.

  • Exchange rates don’t affect your payments if you set the price of your rooms in the same currency as you use to charge virtual credit cards (VCCs).

    If you receive a VCC in one currency but charge it in a different one, Mastercard will convert the amount using their own exchange rate. You can find out what this is on the Mastercard website.

  • You’ll pay commission for these bookings the same way as other bookings. Each payment you receive by virtual credit card (VCC) will be for the total gross amount of the booking. When we email you the VCC details, we’ll include details of the amount you’ve been paid. We’ll also invoice you separately for your commission fees as normal.

SECTION 3: Getting paid by bank transfer

Note: Not all properties are eligible for payments by bank transfer. To check whether your property is eligible and find out more about the costs involved, log in to the Extranet, click “Finance,” then “Getting paid,” and scroll down to the FAQs at the bottom.

 

  • When you receive bank transfer payments will depend on the schedule you’re set up for.

    If you’re set up for monthly payments We’ll process payments no later than the 15th day of the month after the guest checks out.

    If you’re set up for payments four times per month We’ll process payments on the 6th, 9th, 18th, and 27th days of each month. Each payout will include reservations where the guest checked out during the period since your last payment was processed. The payment on the 6th of the month includes reservations where the guest checked out between the 27th and the last day of the previous month.

    If you’re set up for weekly payments We’ll process payments every Thursday for reservations where the guest checked out during the previous week, which runs from Thursday until Wednesday. If the Thursday when we would usually process your payment is a public holiday, we’ll process it on the next business day.

    Whichever payment schedule you’re set up for, it may take a few days for your payment to arrive in your account, depending on your bank.

    To check or change your payment schedule, log in to the Extranet, click “Finance,” then “Getting paid.”

  • Here’s how to download your commission invoices:

    1. Log in to the Extranet
    2. Click Finance, then Invoices
    3. Choose the year you want to filter by
    4. Click “Download PDF” under the number of the invoice you want to download

    To see the reservations that have been included on each invoice, click “View statement” under the invoice amount.

    Every month we’ll email you payout documents with details of reservations that guests paid for online, as well as any refunds. You can also download these payout documents. Here’s how:

    1. Log in to the Extranet
    2. Click Finance, then Payout information
    3. Click the arrow next to the period you’re interested in to see a list of reservations
    4. Click “PDF” or “CSV” to download the payout document
  • Depending on the country you’re in and payment model you’re using, your payment will either be gross or net.

    If you receive a gross payout, we’ll pay you the total amount of your reservations. We’ll then invoice you for commission as normal. Your commission invoice will include all bookings from the previous period, including any bookings that weren’t paid for online.

    If you receive a net payout, we’ll pay you the total amount of your reservations minus the total amount of all your invoices. You won’t have to pay for commission separately.

  • Here’s how to change the bank details we use to pay you:

    1. Log in to the Extranet
    2. Click Finance, then Bank details
    3. Under “Receiving payouts from Booking.com,” click “Add bank details” or “Edit bank details”
    4. Enter your new bank details
    5. Click “Update bank details”

    Keep in mind that it can take up to six business days for your bank details to be fully updated in our system.

    To learn more about updating bank details, watch this tutorial video.

  • Exchange rates don’t affect your payments if you set the price of your rooms in the same currency that we use for your bank transfer payment.

    If the currency you set your rooms in isn’t the same as the currency we make your bank transfer payment in, we’ll convert the amount using Bloomberg’s exchange rate the day before we send your remittance advice.

    If we make your bank transfer payment in a different currency from your bank account’s, your bank will convert the amount using their own exchange rate. To find out what this is, contact your bank directly.

    To find out which currency we’ll make your bank transfer payment in, check the payout document we email you each month. You can also download these payout documents.

    Here’s how:

    1. Log in to the Extranet
    2. Click Finance, then Payout information
    3. Click the arrow next to the period you’re interested in to see a list of reservations
    4. Click “PDF” or “CSV” to download the payout document
  • The total amount shown on your invoice only includes amounts we charge commission on, such as room rates. The total reservation amount shown on your remittance advice is the total amount we’ve collected from guests on your behalf. This includes room rates plus any additional fees, unless these are broken down per person and you set them to “excluded” on the Extranet. We don’t charge commission on these “excluded” fees.

  • If the amount of your commission invoice is higher than the amount we pay you by bank transfer, we’ll collect the difference from your bank account. We need you to set up a Direct Debit to allow us to do so, unless Direct Debits aren’t available in your country.

    To learn more about paying your commission invoice by Direct Debit, read this article.

  • We’ll process your payment one day after the check-in date, though it may take up to seven business days to appear in your bank account.

  •  If you’re located in North America, here’s how to download your commission invoices:

    1. Log in to the Extranet.
    2. Click Finance, then click Invoices
    3. Choose the year you want to filter by
    4. Click “Download PDF” under the number of the invoice you want to download

    To see the reservations that have been included on each invoice, click “View statement” under the invoice amount.

    Every month we’ll email you payout documents with details of reservations that guests paid for online, as well as any refunds. You can also download these payout documents. Here’s how:

    1. Log in to the Extranet.
    2. Click Finance, then “Payout info”
    3. Click the arrow next to the period you’re interested in to see a list of reservations
    4. Click “PDF” or “CSV” to download the payout document
  • You’ll receive the total amount of your reservations plus any additional fees, unless these are broken down per person and you set them to “excluded” on the Extranet. If you’d also like to allow your guests to pay these additional fees online, you can arrange this separately.

  • If you haven’t received a payment, we still might need to receive your bank details before we can activate your account.

    Here’s how to provide the info we need:

    1. Log in to the Extranet.
    2. Click Finance, then “Bank details”
    3. Under “Receiving money from Booking.com,” click “Add bank details”
    4. Enter your bank details
    5. Click “Update bank details”

    Once you provide this info and we activate your account, we’ll process a payment for all your outstanding reservations. This should arrive in your bank account within seven business days.

  • If you’re located in North America, here’s how to change the bank details we use to pay you:

    1. Log in to the Extranet.
    2. Click Finance, then “Bank details”
    3. Under “Receiving payouts from Booking.com,” click “Add bank details” or “Edit bank details”
    4. Enter your new bank details
    5. Click “Update bank details”

    Keep in mind that it can take up to six business days for your bank details to be fully updated in our system.

    To learn more about updating bank details, watch this tutorial video.

  • If you’re located in North America, you pay commission normally, but some details under the Extranet’s Finance section may appear slightly different.

    For more information about paying invoices, read this article.

    To find out how to view your invoices and payout documents if you’re located in North America, see section 4.2.

  • In general, payment procedures in Brazil follow the same processes listed in Section 1.

    Note: There might be some situations in which you’ll have to pay us a commission invoice separately. Learn more below in Section 5.13.

  • You can find info about this in section 1.2.

  • You can find info about this in section 1.6. For more details about paying local taxes in Brazil, see section 5.15.

  • You can find info about this in section 1.4.

  • You can find info about this in section 1.7.

  • You can find info about this in section 1.5.

  • Yes, you should continue managing reservations as you normally would. This includes letting us know about cancellations, no-shows, and other issues related to reservations, so we can make sure we don’t charge you commission when there isn’t any due.

    To learn more about how to do this, read this article.

  • We’ll process your payment by the 15th day of the month after the guest checks out. If the day when we would usually process your payment is a public holiday, we’ll process it on the next business day. Depending on your bank, it may take a few days for the payment to arrive in your account.

  • If you’re located in Brazil, here’s how to download your commission invoices:

    1. Log in to the Extranet.
    2. Click Finance, then click Invoices
    3. Choose the year you want to filter by
    4. Click “Download PDF” under the number of the invoice you want to download

    To see the reservations that have been included on each invoice, click “View statement” under the invoice amount.

    Every month we’ll email you payout documents with details of reservations that guests paid for online, as well as any refunds. You can also download these payout documents. Here’s how:

    1. Log in to the Extranet.
    2. Click Finance, then “Payout info”
    3. Click the arrow next to the period you’re interested in to see a list of reservations
    4. Click “PDF” or “CSV” to download the payout document
  • Here’s how to change the bank details we use to pay you:

    1. Log in to the Extranet.
    2. Click Finance, then “Bank details”
    3. Under “Receiving payouts from Booking.com,” click “Add bank details” or “Edit bank details”
    4. Enter your new bank details
    5. Click “Update bank details”

    Here are a few things to keep in mind when entering your bank details:

    • Enter your four-digit agency number without the check digit
    • Enter your account number with the check digit but without the dash. If the check digit is “X,” replace it with a zero (“0”)
    • Enter your CPF or CNPJ number with a dot (“.”), dash (“-”) or forward slash (“/”)

    Keep in mind that it can take up to six business days for your bank details to be fully updated in our system.

    To learn more about updating bank details, watch this tutorial video.

  • If you’re expecting a bank transfer payment but haven’t received it yet, here are a few possible reasons and what you can do to fix them:

    • If you haven’t added your bank details yet, you’ll need to do so before we can process your payment
    • If your bank details are incorrect, you’ll receive a message in your Extranet inbox telling you what to do next
    • You may have unpaid commissions for past reservations that guests didn’t pay for online. You can see which reservations guests paid for online by looking for the words “Paid online” in the “Status” column of each booking on the Extranet’s Reservations page.
  • If your bank rejected a bank transfer payment because your bank details were invalid, first you’ll need to update them on the Extranet. Once you’ve done this, we’ll process a new bank transfer payment to you by the 15th day of the following month.

  • We’ll usually make a net payment to you each month for the total amount of your reservations, minus the total amount of all your invoices.

    If the total amount of all your invoices is higher than the total amount of your reservations, we’ll make a gross payment to you and also send you a boleto for your unpaid commissions. We’ll send you a message to your Extranet inbox to let you know that you need to pay this.

    This can happen if you have outstanding commission fees for reservations that you handled payments for yourself, for example before you joined Payments by Booking.

  • You received a boleto to pay because the amount you were owed from Booking.com was less than the amount you owe for commission. For more info about this, see Section 5.13.

  • A Nota Fiscal is a tax document that we need to send you whenever we provide services to you. We’ll email you a Nota Fiscal each month as long as you receive bookings on our platform. You can also download these documents. Here’s how:

    1. Log in to the Extranet.
    2. Click Finance, then “Invoices”
    3. Click the invoice number you’re interested in to open the Nota Fiscal in a new window

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