Property Managers Get More Bookings, Less Processing Fees.  StretchBill.

StretchBill offers a turnkey way for renters to pay over time - either an individual or a group paying together.  Configurable for a variety of companies, StretchBill is designed to differentiate property managers seeking more direct bookings.

StretchBill is different from other rental payment platforms in that it brings the ease of connecting to a renter’s bank account via their online banking login and password.  Here is how it works:

The renter authenticates to their bank and StretchBill verifies they are the account owner with adequate funds (minimizing both fraud risk and NSF risk)

1

First installment is processed

2

Future installments are processed using the same banking details per the StretchBill payment schedule

3

Each installment is deposited into a Stripe Connect account for the benefit of the property manager

4

After all installments have processed successfully, StretchBill sends instruction to release payment to property manager’s bank account

5

GroupPay

  • For groups that want to split the cost of a booking

  • The person booking enters each group member’s name/email:

    • Automated notifications and real-time payment status

    • The group must pay in full within a week of booking

    • Works for any booking with an arrival 10+ days out

InstallmentPay

  • # of installments and interval can be customized by the property manager

  • Similar to layaway, booking paid in full before arrival

  • Property manager chooses if it is a free service to the renter or convenience fee model

SinglePay

  • Booking paid in a single transaction at half the cost of credit cards (1.5%!)

  • Great for last-minute bookings

  • Fastest payout to property managers

StretchBill Helps Both Property Managers and Renters

For Property Managers

  • No credit/debit card fees on StretchBill bookings

  • Avoids chargeback exposure

  • Attracts new bookings

  • Manages groups splitting a booking

  • Online checkout button on direct booking website or email link options

  • Convenience fee/surcharge or free-to-renter models are supported

For Renters & Payers

  • Cash-flow flexibility

  • No vacation rental debt post trip

  • No interest, late fees, or penalties*

  • Automated payment reminders

*One-time convenience fee may apply at booking or for GroupPay service.