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News

Airbnb collaborates with Visa for faster payouts

Apr 29, 2021

The new solution will help Host community access their earnings more quickly

Visa Airbnb

Airbnb collaborates with Visa for faster payouts. Source: pixabay.com

Visa and Airbnb have announced Airbnb Hosts in select markets will be able to access their earnings more quickly.

Through Airbnb’s use of Visa Direct, Visa’s real-time push payments platform, Hosts will have an option to move money from Airbnb to a bank account associated with an eligible Visa debit card.

Giving people access to money they’ve earned when they earn it is a powerful driver to support communities and the recovery of the global economy. Visa Direct capabilities on the Airbnb platform can help improve cashflow for Hosts, allowing them to focus on welcoming travelers eager to explore the world again
Ruben Salazar, SVP and Global Head of Visa Direct

According to the press release, over 60% of US consumers say they’re now ready to travel. The enhanced payout experience with Visa Direct can help give hosts better control of their finances so they can continue providing more guests with improved services.

We’ve reported that Flipkart announced acquisition of online travel technology company.

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Tags: # Visa

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