Payments

Replacing historic merchant agreements in a modern way!

Ovo.net is one of the premier rental companies in the French Alps. With a superb collection of ski and summer chalets, first class service across the entire spectrum of management and owner support Ovo is a company of choice for the discerning guest and owners quality properties.

Each owner is provided all the tools to administrate bookings, management the details and take money. However, the traditional sign-up processes and bank paperwork create friction in an otherwise seamless and professional business model that sees excellent results.

Rentivo through its VacayPay brand integrated with the OVO systems to allow immediate signup and vetting of new owners that make the onboarding process easier and more fluid. Ovo are a technically accomplished business and working with them shows the importance of sound architecture and integrated data management.

How can we work with you?

With more and more people wanting to pay online, quickly, securely with credit cards and other digital payment methods, the payment route is an essential part of any business.

Banks are less risk-averse since the last crash, and the travel industry is perceived as being high risk.  This means a difficult route to owner merchant acceptance from banks and often securities involved.

Taking payment is fraught with risk and any solution needs to be PCI compliant and licensed to ensure correct tokenization and have robust card fraud check systems.  In addition 90% of all accounts we work with demand online instant payment connectivity to their website and a virtual terminal to take payments over the phone. This requires further checks and balances to remain on the right side of the PCI police.

Rentivo has provided many businesses with transactional facilities to suit their business model. These have been multi-currency gateway options transacting in CAD, USD, EU and £ Sterling.  The requirements to see deposits minus fees and reconcile accounts with owners and agents using Procuro.io has been invaluable and sees many millions transacted per year. Payment management is essential to running any business and rentals are no different.

There is an enormous number of payment gateways, merchant providers and companies offering to take money on your behalf.  The significant interest in cryptocurrencies and Blockchain may well see a new trend for bookings on one of the many sites now being planned for launch. Rentivo is involved with a number of these businesses and keeps abreast of all opportunities to facilitate bookings.

Multiple traditional merchant connections. We do recognize that many managers may wish to keep their existing facilities and for this Rentivo integrates with hundreds of major gateways. If you have a payment issue the best thing to do is contact us. We have a lot of experience with payments across the globe and how to avoid currency exchange losses.