Beyond unveils payment processor for vacation rentals
US: Revenue management solution Beyond has announced the launch of Tally, a modern, ready-to-use payment processing solution specifically designed for the vacation rental industry.
Through years of working with property managers, the company concluded that payments through its direct booking site was a friction point impacting its overall revenue management strategy. Now with Tally incorporated into Beyond’s other revenue management solutions, property managers will be able to maximise profitability in a volatile economy with a frictionless check-out that increases conversions, has low flat rates and no hidden fees.
Kameron Bain, director of strategy at Beyond, said: “Managing payments for short-term rentals can be complicated, and through our nearly decade in this industry, we realised that property managers need reliable, user-friendly, and efficient payment processing solutions tailored to their needs.
“A property manager should never have to wonder how long a payment processor is holding their funds. Our goal at Beyond is to provide products and services that help our customers drive revenue and maximise profits, and we’re thrilled that Tally’s people-centred approach to accepting payments will further support our growth in the vacation rental industry,” added Bain.
Tally establishes trust with a PCI-compliant payment gateway, and advanced fraud prevention and detection. It also accepts all major credit / debit cards, ACH, Apple Pay and Google Pay, with a behind-the-scenes dashboard for property management organisations to manage daily payouts and reconciliation, transactions, disputes, and automate collections through either one-time payments or automated billing schedules.
The Beyond team built the solution to ensure installation is simple and there is no development needed.
Tally is currently available for all customers utilising Barefoot’s property management system [PMS], and is a Barefoot preferred partner, as well as anyone utilising Beyond’s Signal booking engine.
With Tally, property managers will be able to:
- Reduce friction at checkout and boost conversion — accept all major credit cards / debit cards, including Google Pay and Apple Pay, and ACH across platforms.
- Make their accountant’s life easier with a dashboard that caters to all payment processing needs — a transaction log, dispute resolution details, batch reconciliation, and more.
- Connect with Beyond’s team of longtime vacation rental advocates, who can help with everything from onboarding and transitioning processors to adding new GPay to a direct website, managing disputes, and more.
Barefoot Technologies president Ed Ulmer said: “I am excited to witness the transformative impact of Tally on Barefoot customers, enabling them to enhance their payment collection and management processes to drive efficiency and conversions. The Tally Barefoot integration was built exclusively for professional vacation rental managers – from simplifying payment collection to allowing accountants to run custom reports.
“Barefoot is proud to lead the way as the first property management system to offer this innovative payment-processing product,” he added.
In recent months, Beyond has also launched search-powered pricing and insights and Market Insights, an advanced data insights tool that enables users to capitalise on extensive local market dynamics in any region worldwide.
Beyond CEO Julie Brinkman will also be an expert speaker at the inaugural STRz Summit in London on Wednesday 18 October. For more information and to book your tickets, follow this link.