Payment Split
Simplify payments. Automate payouts. Stay in control.
RentalReady Payment split is a unique Add-on feature, that automatically separates and allocates funds from each reservation, so property managers do not need to receive, hold and distribute funds manually. This reduces manual accounting and reconciliation while ensuring accurate, transparent payouts for every reservation.
Compliant and automated distribution of payments
Simplify financial operations across your portfolio. RentalReady centralises payments, automates reservation payouts, and ensures accurate financial distribution between stakeholders, supporting portfolios of any size, so you do not have to do it manually.
Secure payment processing with Stripe
The RentalReady payment system is powered by Stripe, a trusted global payment platform that ensures secure transactions and reliable payouts.
This includes:
- Stripe payment integration.
- Automated reservation payouts to all stakeholders.
- Payment links for guest payments, no matter what extras you upsell.
- Payout Adjustment (transactions between Property Manager and Owners).
- Financial resolutions between guests and property managers or owners, including deposits, cancellations, and pending payments.
Virtual accounts for owners, property managers, and service providers
RentalReady automatically generates a virtual bank account for every owner created in the system. Reservation payments are processed through this account before the owner receives their share in their real bank account.
Virtual accounts are also created for the property manager and service providers, allowing funds from each reservation to be allocated and transferred accurately.
This structure ensures secure segregation of funds, so each owner’s revenue remains clearly separated throughout the payment process. It also means property managers do not need to hold client funds or distribute payments manually, simplifying financial operations and reducing the risk of accounting errors.
Flexible and compliant setup
Our team helps you set up the Payment Split correctly. You can customise whether payouts are made at the end of each reservation, monthly, or quarterly.
Compliant invoices are ensured for your local market requirements.
You can choose whether to split revenue between you, the property manager, and the owner, or also include your service providers, such as cleaners or maintenance professionals.
Integrated features
CASE STUDIES
How RentalReady payment split simplifies financial management
Reservation payouts to owners and cleaners require lot of precision
Managing distribution of funds to owners and service providers manually can lead to mistakes, delays, and time consuming reconciliation tasks.
How our Payment Split helps
- RentalReady Payment Split is an accurate and automated feature that handles money distribution between you, owners and service providers (cleaners, maintenance professionals) securely through Stripe and RentalReady, so you avoid holding all the money in your property management bank account before it is distributed.
Three automated steps ensure accurate and secure payouts:
Reservation is paid
Once guest pays for their reservation, OTA sends money through Stripe to RentalReady. Our system holds all the funds without keeping them in your property manager bank account.
Money are split
The RentalReady system automatically splits the reservation payment to virtual accounts for each stakeholder: commission goes to property manager, revenue to owner, and cleaning fee to your service providers virtual account.
Financial transactions
The final payouts to each party are executed as real bank transactions on the end of reservation, monthly or quarterly. Every transaction comes with compliant invoice to ensure full transparency.
The result
Financial flows are automated and transparent, reducing manual accounting and reconciliation work. Property managers save time while ensuring accurate payouts to owners and service providers. Funds are distributed automatically with clear invoices for every transaction, so the property manager’s bank account receives only the final balance instead of holding and redistributing all booking funds.
Extra payments from guest can be hard to track
Do you want to collect extra payment for baby crib, early check-in or stay extension? Creating payments requests and keeping track of them can be a headache.
How our payment system helps
RentalReady allows you to generate payment links and send them to guests, so they can pay securely online, outside of OTA. All payment links are processed through the RentalReady payment system and automatically generate real financial transactions with accompanying invoices for each transaction.
The result
Guest payments become easier to collect, track, and reconcile, all within RentalReady.
Automate rental payouts with Payment Split
Stop juggling invoices and manual payouts. RentalReady’s payments and invoicing automation handles payment collection, owner payouts, and financial reporting, securely and accurately. Process payments from guests worldwide, manage complex commission structures, and reduce reconciliation errors, all automatically. Secure transactions, transparent operations, zero headaches.
Payments and invoicing
Automate guest payments, owner payouts and invoicing from one secure platform, with multi currency support and seamless integrations designed to simplify vacation rental financial operations.
Maia Insights AI
Maia Insights is an AI powered agent built into RentalReady that helps short term rental operators access real time business insights, automate repetitive operational tasks, and make faster, data driven decisions. By analysing bookings, guest communication, financials, and market data, Maia helps teams optimise performance, improve efficiency, and manage daily operations from a single platform.
Channel manager
Sync your listings across Airbnb, Booking.com, VRBO, and other platforms with real time availability updates and centralised control.
AI guest communication is the use of automated messaging tools to handle routine traveller questions, such as check-in times, Wi-Fi
Manual work is the most underestimated growth constraint in professional property management. For a manager running 30 to 100 properties,
Peak season automation isn't about adding more tools — it's about building operations that don't break when volume does.
Any questions?
What is RentalReady Payment Split?
RentalReady Payment Split automatically distributes reservation payments between the property manager, property owners, and service providers such as cleaners. Funds from each booking are securely split and transferred, reducing manual work and financial errors.
How are reservation payouts managed?
Once a reservation is paid, RentalReady automatically calculates how the revenue should be distributed based on the configured financial rules. Funds are then transferred to the property manager, owner, and service providers according to the selected payout schedule.
Why does RentalReady use virtual accounts?
Virtual accounts are created for property managers, owners, and service providers. This ensures funds are clearly separated during the payment process, so property managers do not need to hold and manually distribute all booking funds from their main bank account.
Can I customise how payments are distributed?
Yes. Property managers can configure how revenue is split between themselves, property owners, and service providers if relevant. Payouts can be scheduled at the end of each reservation, monthly, or quarterly.
Is the payment system secure and compliant?
Yes. RentalReady Payment Split is powered by Stripe, ensuring secure payment processing and reliable payouts. Every financial transaction is documented with compliant invoices for full transparency.