Powered by Yapstone’s 25 years of expertise in the vacation and short-term rental market, Vacation Rent Payment (VRP) by Yapstone offers a bespoke online payment gateway designed to streamline transactions between property owners and guests. This platform isn't just a tool; it's a reflection of deep market knowledge and a commitment to enhancing the rental experience through advanced, secure technology.
- Why Choose Vacation Rent Payment?
- Business Location Requirements
- Currencies
- Instantly Apply for Vacation Rent Payment
- Setup & Connecting VRP
- Test
- Common Issues & Questions
Why Choose Vacation Rent Payment?
Whether you're managing one vacation home or a large portfolio of properties, Vacation Rent Payment (VRP) by Yapstone offers flexible pricing and volume discounts, ensuring you receive a cost-effective solution that scales with your business. With a quarter-century of experience, VRP provides a seamless payment process tailored to the needs of property managers and vacationers.
At Vacation Rent Payment, security is paramount, with state-of-the-art encryption and stringent PCI compliance standards to safeguard all transactions from fraud and privacy breaches, providing peace of mind for property owners and guests.
Vacation Rent Payment seamlessly takes payments; security deposit holds and provides automated security deposits, simplifying your financial management and freeing up more of your time to focus on providing the best experience for your guests.
Business Location Requirements
Vacation Rent Payment (VRP) by Yapstone accepts businesses with a business address and bank location in the following locations.
- United States
Currencies
Vacation Rent Payment (VRP) by Yapstone supports the following currencies.
- USD
Instantly Apply for Vacation Rent Payment
Vacation Rent Payment offers instant application. In under 10 minutes, we’ll have everything we need to provide a quote and get you set up.
Start your application by clicking here.
To learn more about Vacation Rent Payment, please visit vacationrentpayment.com.
Onboarding with Vacation Rent Payment is a simple three-step process:
Step 1: Underwriting
Upon submission of your application, one of our Account Executives will contact you and begin your onboarding. After that, you will undergo an underwriting review, during which we may request financial documentation about your business.
- Typical document requests include:
- W-9.
- Beneficial Ownership details.
- Personal details such as SSN, address etc.
- Voided check.
- If your business has operated for less than a year:
- Business reg doc IRS147C.
- 2 months merchant statements or 2 x fully executed property management agreements.
- If your total processing volume is between $500k and $2M:
- 2 month’s worth of merchant processing statements.
- For businesses transacting over $2M:
- 2 years’ worth of audited financial statements/tax returns.
Step 2: Account provisioning
On completion of underwriting, your VacationRentPayment portal will be built by our Account and Provisioning team.
Here, they will set up your account and produce the required login details to configure your OwnerRez integration.
Step 3: Email containing your API Credentials
Finally, you’ll receive an email with your API credentials. These credentials are unique to you and should be stored securely, as you’ll need them to configure your OwnerRez integration.
How long does onboarding take?
Onboarding typically takes between 3-5 days, depending on documentation being readily available and shared with us.
Setup & Connecting VRP
Once you’ve been provisioned and received your API credentials, it’s time to configure your OwnerRez VRP integration.
While logged into OwnerRez, navigate to Settings > Financial > Payment Methods > Connect VRP.
On the VRP Payment Method page, you will be prompted to enter your VRP API credentials that were supplied to you in your onboarding email. Enter those credentials exactly as supplied.
- Configure your Accepted Card Types.
- Customize your Credit Card Statement text as desired.
- Select your properties.
- Click Save.
While the connection is complete, we strongly recommend performing a payment test to confirm that your VRP integration has been successful.
Test, Test, Test
We recommend testing your API connection with a real payment.
To test your connection, create a manual booking and collect a payment using your personal credit card and a nominal amount of less than $10. Once the payment is processed and you’re happy that the connection is working, use the Void & Delete option to void the payment.
Following the void of the payment, we suggest you then cancel or delete the booking.
Common Issues & Questions
Can I void a transaction?
OwnerRez users should follow the instructions to process a Cancellation Within 24 Hours of Booking, but for a definitive answer about handling your payment processor, see VRP's How can I issue refunds to my guest? knowledge base article.