JimBoone
Well-known member
- Joined
- Dec 18, 2014
- Messages
- 1,204
- Reaction score
- 266
I'm with Arks bc I also use Authorize.net to screen & process credit cards for deposits in real time as the guest places the reservation. I prefer this method bc 1) Bad cc are immediately rejected 2) I don't have to chase down guests to give me a valid cc # and 3) the information is securely stored and I'm compliant with the PCI security measures required by merchants. No jotting down cc #'s on scrap paper, no printing out reservations with cc info on it. To go one step further, I use Elavon via Costco to charge the credit cards (Authorize screens & captures the amount, Elavon actually processes it). Costco takes on the majority of the burden of PCI compliance.
- Monthly fee is $14? - ResKey monthly fee is based on # of rooms. I have 4 so it costs me $20/mo
- I have to have Myallocator to connect to OTA's? - Yes
- Myallocator is $41/month? - I pay $25/month
- There are no fees from reservation key OR Myallocator for OTA reservations? (I just pay the usual commission and the PPC fee for Tripconnect?) - Correct.
- Rez Key collects credit card info that I can view? - Correct
Authorize.net costs about $40 a month. Elavon's rates range from 1.99% for debit cards to 2.65% for commercial cards..
This is pretty much our system also, desktop card reader from Wells-Fargo and we subscribe to Authorize through the bank (easier having one person set it all up). We charge just a small deposit at time of reservation and balance on arrival, the forfeited deposits from the few cancellations each month help offset the fees.notAgrandma said:I'm with Arks bc I also use Authorize.net to screen & process credit cards for deposits in real time as the guest places the reservation and I'm compliant with the PCI security measures required by merchants.
At this point have not used MyA or the OTA's for bookings.