How do I Get Paid?

This article is about how our merchant (Hotel or Homestay) would be paid.

NOTE: Softinn subscriber is given the option to choose  “Collected by Softinn”, “Collected by You (Host)” or “Collected by You (Using Payment Gateway)”. Check out this link to learn where you could update the payment collection mode .

NOTE: Non-Subscriber is by default on “Collected by Softinn”.
NOTE: This article is only applicable to our merchants who is on “Collected by Softinn”.

A) When Will I Get My Payment?


  1. We perform the settlement twice per month. The calculation is based on customer’s check out dates.
First Pay-out Second Pay-out
  • Every 13th of the month
  • Include payment of check out dates from:
    28th of previous month – 13th of current month.

Ex: If customer checks in at 27th June but check out at 28th June, the payment will be count in first pay-out.

  • Every 27th of the month
  • Include payment of check out dates from:
    14th of current month – 27th of current month.

Ex: If customer checks in  at 13th June but check out at 14th June, the payment will be count in second pay-out.

2. Commission rate will be charged as transaction fees for every successfully paid booking generated.

  • For example: paid booking (RM100) – commission (say 10%) = payment get (RM90)

NOTE: You may check out this link to learn where to view payment report.

 

B) How do I Get the Money?


The payment will be made via online bank transfer to the designated bank account. The total amount of payment that you received has already been deducted by commission/ fee, whichever applicable.

You will receive a payment voucher stating the amount of settlement via email from our finance department. A bank-in email notification will also be sending to you by our designated bank.

NOTE: If you have not setup your bank account details for “Collected by Softinn”, check out this link.

NOTE: If you’ve already setup your bank account details and would like to cross-check the details from your email, click this link.

NOTE: You can also view your bank account details from your Softinn Extranet account. Check out this link.

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