Tripofthings.com will collect the funds for the booking of one of Host listings and transfer them to its balance 24 hours after the check-in date (for accomodations) or the start of the activity (for experiences).
Your balance payout runs daily following a 7-days rolling schedule which means that, for example, payments received on a Tuesday are paid out by the following Tuesday.
In case of cancellations, the amount transferred to the Host balance take into account the refunds calculated based on the cancellation policy offered by the Host or any other decision taken by tripofthings.com in accordance with our Terms.
A confirmed paid booking of 100€ made on the 1/6 for an accomodation whose check-in date is on the 1/7. The hosts will receive 100€ minus any applicable service fees, on the 9/7.
Hosts may be charged 0,20€ per each payout (once per day) as administration fees.
Please note: the payouts are done only once per day for the entire balance available in the Host account.