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

All Payments for One or
One Payment for All: GroupPay

StretchBill supports two ways that renters can pay:

  • Renter pays all installments as an individual

  • GroupPay: one payment per individual, split over as many as 10 people

IndividualPay

When person booking wants to pay over time

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

# of installments and interval can be custom to the property manager

GroupPay

For groups that want to split the cost of a booking

The person booking sets up each group member's name/email:
- each week a group member pays
- person booking makes first payment

Seamless way for the group to pay before arrival

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.