MONRI WSPAY is one of myRent partners. WSPAY provides online payment service for clients who wants to charge guests credit cards from OTA's portal or connect their WEB site with WSPAY. It will allow when guests visit their web site, in the time of reservation it will transfer guest to the payment form where guest can reserve and pay.
How does it work, once you received the booking, then you will have 2 ways of charging the client:
1. Monri WSPay - payment form - myRent will provide with a link which you will send to the guest. Guest clicking on link will be transferred to WSPAY booking form and he will manual add credit card details and make the payments.
2. Monri WSPay POS With some OTA's (online internet portals) like Booking.com, Expedia, VRBO, Holidu etc.. you will receive credit card details together with guest details. You will then log into a virtual DWPOS and manual charge the credit card.
NOTE: The role of Monri WSPay is to take the money from the guest and send to the bank. Then bank will charge their commission and send the rest of the money to your account. WSPay will charge you on monthly base their commission for their service.
WSPAY offers different services:
1. Monri WSPay Advance - payment form
It is classic payment method when guest is being directed to the payment form.
2. Monri WSPay Advance licence/tokenization
WSPay Click and Pay is a service that allows merchants who use the WSPay system to provide their customers with EASY, FAST AND SAFE one-click purchases. The system allows tokenization of the customer's credit card (saving of card data) for subsequent purchases on the website. Saving card information is safe and secure and it is not possible to compromise card information at any time. In short, it is a tokenization of your customers' card and allows your registered customers to make further purchases without entering the card number.
To take an example, most of the agencies are charging when the reservation has been made. Amount of the deposit depends on each client. Once you charged the credit card, the same credit card will be saved at WSPay server and when the time arrives to charge the second part of reservation, you will have an access to it and charge it with out any authorization.
Enables authorization and payment of credit and debit cards: AMEX, DINERS, VISA, MASTERCARD, MAESTRO, DISCOVER and DinaCard.
3. Monri DWPOS (SoftPOS) - virtual POS device and creation of QR code
Digital DWPOS is a mobile application that fully meets all requirements of the PSD 2 regulation for online payment.
It can be run as an application and through a web browser, and it is possible to make one-time and installment payments with credit and debit cards.
DWPOS (SoftPOS) is a functional, fast and simple payment method, and all you need is an internet connection and a smartphone, tablet or computer.
The point of sale is enabled to:
- generation of a QR code at the point of sale, which the user scans with his mobile phone and makes the payment independently,
- sending a QR code link in the form of a link to an e-mail for remote payment by the user with full3D authorization (CIT – Customer Initiated Transactions) or by SMS (the option with SMS is charged additionally), - execution of direct payment on the spot based on of the received card number (MIT - Merchant Initiated Transactions/MoTo) only if your activity meets the conditions of contracting with the cardholder,
- saving cards for future payments in QRPay,
- integration option with cash registers and other account systems,
- payment with a saved card in such a way that the user generates a QR code for his saved card, which the merchant will read with a QR code scanner or reader
Sometimes property owners when working with specific OTA's, they will have to charge the guest. Some portal offer payment service. For example Booking.com and Expedia offer "collect" service, meaning they will charge the client and after the client is gone they will transfer money to the owner. For that service portals will take certain provision.
If you don't want to use their service, OTA's will provide you via myRent credit card number which you can charge. WSPAY will provide you virtual POS device as a WSPAY APP and you will can take the credit card and charge the guest.
For all myRent clients, Monri WSPay and myRent made a special deal to offer at special price Monri WSPAY service.
myRent is completely connected with Monri WSPay and working under stricts EU standards. All credit card details are safely stored at WSPay servers. Both Monri WSPay and myRent are PCI standards.
Credit cards which are accepted: AMEX, DINERS, VISA, MASTERCARD, MAESTRO, DISCOVER and DinaCard.
IMPORTANT: On the top of it, you will still HAVE TO PAY a service with bank (depending of which credi card you are will like to accept). Credit card provider (bank) doesn't matter if it Croatian bank or SIX payments will contact you directly. You will need to agree on their term and conditions.
"Monri WSPay is just provider who transfers the money from the guest to the bank."
In the price are all three services included (payment form, tokenization, virtual POS device - APP). It just depends on you what part of service you want to use.
Monri WSPay special prices for partner MyRent:
• According to the estimate of the size of the annual volume through the retailer's eComm channel up to €80,000 – annual fixed fee - €360.00
• Above €80,000, a variable fee is agreed upon at the initial price of 0.40%/transaction, the price drops scalar in accordance with the possibilities of Sales and competitiveness
• €150,000 to €500,000 up to 0.28%
• Above 500,000 to 1,000,000 to 0.25%
• Above 1,000,000 - case by case
To apply for the service, at the end of the page you will find document which you should sign and sent to Monri WSPay and fill out online registration form. You should fill out the document corresponding to the bank in which you have an open account.
When sending the mail please put myRent team in cc: davor@my-rents.com
ONLINE REGISTRATION FORM:
https://www.wspay.info/WSPayRequest.aspx
NOTE: here you can find link with the explanation how to fill out online registration:
https://myrenthelp.freshdesk.com/a/solutions/articles/44002145749
Your Monri WSPay contact person is:
Maja Ivančević | Support Specialist
Phone: 051 269 131 Mob: +385 998000936
E-mail: maja.ivancevic@monri.com
Accounting department contact person:
Kristina
+385 51 536 003
