By cooperating with Mangopay, the chalet rental company looks to increase automation, reduce costs, and improve the experience for property owners.
Mangopay is set to provide an optimised payment integration, tailored to the chalet rental company’s specific requirements, from the time the holidaymaker books their trip, through to the holiday confirmation and the transfer of funds to the property owner’s bank. Through the collaboration, Mangopay automates guest payments directly to the property owners’ accounts, including requesting funds from guests and managing the integration of third-party online travel agents for chalet booking, helping OVO Network reduce resources, time, and money spent on manual processes.
Furthermore, payment flows are customised to ensure an improved experience for both guests and property owners. To reserve a property, guests can pay a deposit up to 18 months in advance, whereas property owners have the flexibility to choose from an array of cancellation policies. Once a booking is finalised and confirmed, the remaining funds are collected from the guest and the complete booking value is made to the local bank or payment account of the owner. This helps offer flexibility and peace of mind should plans change.
Leveraging Mangopay’s modular payment infrastructure, OVO Network introduced simplified split payment for trip fees to multiple parties including owners and property managers, enabling a low-maintenance, improved experience for property owners.
When commenting on the partnership, OVO Network officials advised that the company looks to offer a high-end experience, and as this begins at the point of booking, they have selected Mangopay to manage the payment process from start to finish.
A specialist in high-end self-catered chalets across the Alps, OVO Network launched in 2010 with just one property and now has over 200 properties in resorts. The company provides an all-inclusive management, marketing, and booking solution for chalet owners.
A 2013-founded company, Mangopay looks to empower the platform economy with its modular payment infrastructure. Built around its programmable e-wallet solution, its end-to-end infrastructure covers platform payment needs, from payin to payout, for multiple platform business models and workflows.
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