Guesty aims to tackle rental sector pain points with native payments platform

GuestyPay is available to existing and new clients in the US with a planned roll out later this year in the UK and Europe

Property management solution for the hospoitality and property management sector Guesty has launched its own payments platform 

The global tech developer said its native payments system GuestyPay has been designed specifically for the needs of users.

Guesty said it was “custom built for the unique pain points and business needs of property managers and hospitality professionals”.

The platform integrates within Guesty’s core property management product, syncing with full business data and operational processes. 

GuestyPay is available now to existing and new Guesty customers in the US and a UK and European Union launch is scheduled for mid-2023.

Amiad Soto, co-founder and chief executive of Guesty, said: “GuestyPay is another milestone in our brand’s promise of delivering a one-stop shop for full, flexible property management in the hospitality industry.

“We know our customers best from all aspects of their operations and have designed a compatible product that complies with their business model, fully integrates into the Guesty platform, and is serviced by an in-house payments team, offering customer support and risk management.”

GuestyPay is capable of handling chargeback management, settlement payouts, accessible payments reconciliation, credit card verification, and offers advanced payment reporting tools. 

The firm said it “eliminates the hassle of interacting with third-party providers, giving customers full control of their payment processing”.