Skip to main content

Credit Card Payment Option for Marketplace Prepaid Balance

Problem Statement

Hosts currently cannot use credit cards to fund their Marketplace prepaid balance. The only payment method available is ACH bank transfer from the linked payout account, which creates cash flow challenges and missed financial opportunities.

Current Workaround

Hosts must maintain sufficient funds in their bank account to cover Marketplace charges via ACH transfer, even when waiting for OTA payouts to arrive. This ties up working capital that could be better deployed elsewhere in the business.

Impact

  • Cash flow constraints: Hosts must have cash available in their bank account to pay cleaners before receiving OTA payouts, creating timing mismatches
  • Lost rewards: Missing out on credit card rewards points on business expenses
  • Reduced credit building: Unable to build business credit through regular Marketplace payments
  • Less financial flexibility: Cannot leverage credit card float during the gap between paying cleaners and receiving guest payouts

Proposed Solution

Add credit card as a payment method option for funding the Marketplace prepaid balance, alongside the existing bank account ACH transfer option. Hosts could select their preferred payment method in Settings.

Unlock

Hosts would be able to:

  • Better manage cash flow by using credit during the period between paying service providers and receiving OTA payouts
  • Earn rewards points on Marketplace business expenses
  • Build business credit through regular operational payments
  • Maintain lower cash reserves in their operating account
Status: Limited release5 comments

Log in to comment and vote

Comments5

  • Abby Grous changed status to In Progress
    Team•

    Oct 6

    Pinned

    Hi all, we’re working on adding the ability to pay your teammates by credit card now and we’re looking to open this up to pilot in the coming days. If you would like to participate in the pilot, please let me know!

    • Cyan Drizzle

      •

      Oct 7

      Hello Abby! Please sign me up for the pilot. Thanks

  • Silver Hubble

    •

    Oct 7

    Sign me up Abby!

  • Indigo Spacetime

    •

    Sep 21

    It woud also be great if we coud earn miles on our credit cards

  • Abby Grous

    Team•

    May 25

    Thanks for the feedback @H Livingston Sears ! We plan to support the option to pay by credit card, which would come with a small convenience fee given that our costs are higher to process payments by credit card vs ACH.