In this comprehensive guide, we will walk you through the process of requesting a payment on HostRooster, shedding light on how the payment system operates. HostRooster's payment process is akin to that of many other popular online platforms. When a guest makes a reservation for a place or experience, they typically pay in advance. For instance, if a guest books accommodation or an experience six months in advance of their chosen date, the host accrues the funds over time. On the day the guest embarks on their experience or checks into their accommodation, the host can request these funds to be transferred to their PayPal account or bank account. In simple terms, the funds become available for the host to claim on the day the guest's reservation commences, whether it's an experience or a stay at one of the listed properties.
Now, let's delve into the step-by-step process of requesting a payment on HostRooster:
Step 1: Log into Your HostRooster Account
- Start by visiting the HostRooster website at hostrooster.com.
- Navigate to the top right-hand corner of the page and click on "Login."
- You can log in using your username and password if you already have an account. Alternatively, you can use your Facebook or Google account for a quicker and hassle-free login process.
Step 2: Access Your Dashboard
- After logging in, you'll find your username displayed in place of the login link. Click on your username.
- A pop-up box will appear with various options. In this case, navigate down to "Dashboard" and click on it.
Step 3: Navigate to Payouts
- On your dashboard, you will see a navigation bar on the left-hand side. Among the options, locate "Payouts." This is the fifth link down on the navigation bar.
- Click on "Payouts." This will take you to the payouts page.
Step 4: Request Your Payout
- On the payouts page, you'll see important details at the top, including your current balance and the minimum payment amount (which is currently set at ten pounds or ten US dollars).
- In the middle of the page, you may see a message indicating that no payouts were found if you haven't made any sales on the platform yet.
- To the right, you will find the option to "Request Payout." Click on it.
Step 5: Specify the Amount and Payment Method
- A pop-up titled "Request Payout" will appear. In this pop-up, you'll find a field labeled "Amount." Here, you need to enter the amount you wish to request for payout. This amount typically corresponds to your earnings from your latest booking(s) on HostRooster.
- Below the amount field, you'll see "Method." You can choose from two options:
- PayPal Payout: This is a highly recommended and secure method. If you opt for PayPal, you'll be prompted to provide your PayPal email address.
- Bank Transfer: If you prefer a bank transfer, select this option. You will be asked to provide details such as account name, account number, bank's IBAN, BIC/SWIFT code, bank name, and routing number.
Step 6: Submit Your Request
- Once you've filled out the necessary details, click "Send Request."
Please note that HostRooster operates in US currency. If you have a foreign bank account, be aware that there may be transfer charges applied to the amount being transferred to you. Keep this in mind while selecting your payout method.
In terms of payment timing, PayPal payouts are usually instant, while bank transfers depend on the banking system. There is no guarantee that bank transfers will be completed on the same day, especially if they involve different currencies or international transactions.
That concludes our guide on how to request a payout on the HostRooster platform. While we may consider introducing automatic payments in the future, the current process allows us to carefully review and process payouts, ensuring a seamless experience for both hosts and guests. We understand that circumstances change, and this approach allows for flexibility in managing your earnings.