Part of offering online bookings on your website is the ability to accept payments for those bookings! To do this, you need to set up a payment gateway on your website, but how do you know which one to choose?
If you operate a tour or activity that is heavily dependent on weather, you may want to use the Rezdy Vault instead of a traditional paid payment gateway.
Here’s what you need to know about the Vault.
If you don’t want to use a merchant account, you can use a deferred payment processing system in conjunction with your external point of sales (POS) system.
Rezdy Vault is one example. Rezdy Vault provides free secure storage for credit card details but does not process payments.
You can complete transactions manually through your POS machine or other external payment solution.
It’s not a payment gateway, but it provides a secure credit card validation and storage that can be used with your POS system.
In this case, the customer inputs data which you receive manually. Their data doesn’t pass through a gateway, so you can inspect all orders and connect them.
While automated credit card processing makes sense for tour operators who have a fixed availability and price, businesses with a high likelihood of cancellations due to weather – such as hot air ballooning or surfing – would be better off with deferred payment processing, which is only semi-automated.
The advantage here is there’s no additional cost because Vault stores the customer data, and then you manually process it.
You can avoid the hassle of charge-backs by waiting to charge the card until you’re sure what to charge. If they don’t show up for some reason, you can easily apply your cancellation fee.
Under Settings > Payment Options, you can select Rezdy Vault.
Say your customer has booked online, and you’ve used Rezdy Vault to securely store their credit card details for later processing.
The money has come through as planned, and you’d now like to mark the Order as paid.
1. Within the Order, scroll to the Payment section.
2. Click Record an external payment, this will:
3. Enter the Amount paid, remembering to click out of the Amount box, and click Save order