- The partnership provides MiniStays guests with the option to pay with a linked bank account.
- MiniStays guests with a US bank account can use Stripe Financial Connections and Link to easily make payments. This will also allow them to save their payment method and avoid reentering bank details for each booking.
MiniStays, a booking platform dedicated to stays 30 days or longer (often referred to as the Airbnb of furnished “monthly” rentals), announced that it is partnering with Stripe to power bank payments for MiniStays guests.
MiniStays guests can now use Stripe Financial Connections to securely and instantly add their bank account as a payment method. Once those details are saved, guests can use Link, Stripe’s native one-click checkout, to quickly make bank payments for all future bookings.
Paying by bank is growing in popularity. Nearly two-thirds of businesses report that they are pursuing bank debits to provide customers with more flexible ways to pay. The addition of bank payments through Stripe provides another popular payment option for MiniStays guests. Now, with a US bank account and allows users to save money on transaction fees.
“We are excited to partner with Stripe to provide our guests with more options to pay for their travel, including paying by bank with Link,” said Jon Wolf, chief financial officer at MiniStays.
Easy Bank Payments With Financial Connections And Link
Stripe features more than 100 optimizations that enhance every aspect of the checkout experience. This includes pre-built payment UIs, more than 40 payment methods, and Link. With Link, MiniStays guests can check out faster using bank details saved from previous purchases at any Link-enabled business.
“Anyone who’s made a booking on MiniStays knows how great the experience is. For guests who want to pay using their bank account, we’re thrilled to partner with MiniStays to offer bank payments as an option that’s just as fast and convenient as anything else.” Said Partnerships & Integrations Management at Stripe.
Moreover, Stripe recently published a study revealing that businesses using Stripe’s newest checkout optimizations saw 10.5% more revenue.
