Airbnb now lets you 'pay later' on vacation rentals
Briefly

Airbnb has launched a new "reserve now, pay later" feature for users in the US. This allows customers to book reservations without immediate payment, although payment is required before the end of the stay's free cancellation period. This ensures hosts can find alternative guests in case of cancellations. The option is applicable only for stays with moderate or flexible cancellation policies. Airbnb will continue charging upfront for optional services such as travel insurance and will maintain the existing "pay part now, pay later" system.
Airbnb has introduced a new "reserve now, pay later" option for US users, allowing them to book reservations without immediate payment. Payment is deferred until a specified date prior to check-in.
This option ensures hosts can secure another booking before the end of a stay's free cancellation period if a guest cancels, which protects the host's interests.
Read at The Verge
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