Cardoo provides your company with a paymentcard for deposit holds, with a limit equal to your average monthly security deposits.
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You offer customers the DepositFree option—rent without a deposit for a small fee, or rent with a standard deposit.
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Clients pay a DepositFree fee: 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.
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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, and more loyal to you
Saving time on financial operations. You don't need time for control the payments anymore as they are done by us
No bank transaction issues with deposit returns & chargebacks. Credit cards are issued from small and big banks worldwide, but you won't need to contact them!
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