Cardoo provides your company with a paymentcard for deposit holds, with a limit equal to your average monthly security deposits.
You offer customers the DepositFree option—rent without a deposit for a small fee, or rent with a standard deposit.
Clients pay a DepositFree fee: starting from 0.8% of the deposit amount per rental day for short-term rentals (up to 2 weeks). For long-term rentals, a regressive scale is applied.
If damage or fines occur, you charge the Cardoo card, and thus close the file.
Benefits for real estate companies
More tenants: No security deposit attract a larger pool of renters.
Faster occupancy: DepositFree rentals lead to faster turnaround times.
Up to 40% rental checks increase: clients spend more on extra services & car upgrades when they have more financial freedom
Saving time on financial operations. You don't need to worry about the payments anymore — we take care of them
No bank transaction issues with deposit returns & chargebacks. Our cards are issued by major and regional banks globally, with no need for bank outreach.
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