San Francisco, CA (PRWEB) March 10, 2011
YapStone, Inc. the largest electronic payments-as-a-service (ePaaS) provider focused in property management – today announced a technology partnership with HomeAway®, Inc. – the world’s leading network of online vacation rentals. This agreement enables Yapstone’s VacationRentPayment™ to deliver credit/debit card acceptance, electronic check processing and integrated payment reporting to U.S. homeowners listing on HomeAway.com and VRBO.com.
Yapstone was founded in 1999 to create a payment-processing platform for property managers to easily accept credit cards and e-Checks for rent payments. YapStone, through its VacationRentPayment™ division will offer HomeAway.com and VRBO.com homeowners and property managers low-cost payment solutions fully integrated into an online reservation management dashboard.
“As the vacation rental industry evolves from personal checks to online payments, we knew our product would be a perfect fit with HomeAway,” says CEO of YapStone, Matt Golis. “We are thrilled to be a payment technology partner to HomeAway and we look forward to accelerating homeowner and traveler adoption for our electronic payment services.”
“By partnering with Yapstone, we will advance our strategy to create the best traveler experience, offering a seamless process for our travelers and our owners to pay and collect payments online”, says Brian Sharples, chief executive officer of HomeAway. “This is a major step to make booking vacation homes as easy as booking a hotel online.”
YapStone, Inc. is the largest electronic payments-as-a-service (ePaaS) provider focused in property management and several other bill payment industries. YapStone’s payment service processes billions of dollars annually, with an on-demand platform that offers Web-based and mobile technology to its clients. YapStone’s technology includes a unified, real-time reporting platform for check conversion, credit/debit card processing, and electronic check processing.
About HomeAway, Inc:
HomeAway, Inc., based in Austin, Texas, is the worldwide leader in online vacation rentals, with sites representing more than 540,000 paid vacation rental home listings throughout more than 120 countries. HomeAway offers an extensive selection of vacation homes that provide travelers with memorable experiences and benefits, including more room to relax and added privacy, for less than the cost of traditional hotel accommodations. The company also makes it easy for vacation rental owners and property managers to advertise their properties and manage bookings online. The HomeAway portfolio of websites includes HomeAway.com, VRBO.com and VacationRentals.com in the United States; HomeAway.co.uk and OwnersDirect.co.uk in the United Kingdom; HomeAway.de in Germany; Abritel.fr and Homelidays.com in France; HomeAway.es in Spain; and AlugueTemporada.com.br in Brazil.
In addition, HomeAway operates BedandBreakfast.com, the most comprehensive global site for finding bed-and-breakfast properties, providing travelers with another source for unique lodging alternatives to chain hotels. For more information about HomeAway, please visit http://www.HomeAway.com.
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