Softinn Subscriber is given the Booking Payment Collection Mode options to choose either ‘Collected by Softinn’, ‘Collect by You (Host)’ or ‘Collect by You (Using Payment Gateway)’.
NOTE:
This article serves as a proposed guideline to Softinn Subscribers on how Softinn Instant Booking Engine works for Collected by Softinn and Collected by Merchant (Using Payment Gateway).
Let’s check out the flowchart below.
Additional Remarks:
If the payment mode is Collected by Softinn, we will do payout to the merchant twice in a month.
Commission will be deducted from the total booking amount as Softinn services fee for the services rendered by Softinn.
The commission is subject to 8% SST.
We will compile your statement twice a month and send you the softcopy statement via email. We practice Two Pay-out Per Month, as below:
| Monthly Pay-out | Cut-off Date |
|---|---|
| First Half | 13th of every month |
| Second Half | 27th of every month |
The pay-out will be based on the guest’s check-out date. For those bookings with check-out date ranging from 28th of previous month to 13th of the current month will be included in the First Half pay-out of the month. Whereas, for check-out dates happen between 14th to 27th (both inclusive) of the month will then fall into the Second Half pay-out of the month.
Extra Notes:
1. Check out this link to know what options of booking payment settings that Softinn offers to you, and how to set and update your booking payment setting on Softinn Extranet.
2. Check out our e-Invoice module here.
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