YouLi

Lower Transaction Fees For Travel Bookings | Webinar

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60 MIN

FREE

RECORDED OCTOBER 5, 2022

Payment Methods For Travel Bookings

Credits Cards Payments & Direct Bank Transfers: Pros & Cons

with the YouLi team & Peak Flow OBM

Agenda

Terminology: credit card fee Vs booking fee
Evaluating your payment options:

Credit Card, PayPal, Direct Bank Transfer, Zelle, Google Pay, Wise, Pay by Phone, Make a Charge

Planner Experience: designing your optimal cash flow, payment plans & CC surcharge
Customer Experience: payment processing, confirmations & receipts, security, refundable bookings.

YouLi Fees

Booking Fee (starting at 4% on EXPLORER ... drops to 0% on ENTERPRISE)
Subscription (starting at $55/month for Annual PRO)

Other Fees

Charged to Planner: Merchant Fees / Payment Gateway Fees / Credit Cards (CC) Fees
- Stripe
  - Charges extra in US/Canada for "manual charges" when entering Credit Card via Stripe dashboard
  - Use YouLi "Make a Charge" feature to get charged normal rate
  - Supports Google Pay - same rate as CC
- Square
- Authorize.net
- Cybersource
Planner CAN charge Traveler: Surcharge
- Not legal in all countries
(Wire) Transfer Fees
- Planner pays: If your bank charges you to receive
- Traveler pays: Most banks charge to initiate a transfer - but depends on country and bank
Refundable Booking Surcharge
- Traveler Pays: If you enable this feature, ~8-10%
Foreign Exchange Fee
- Planner pays: If you let your traveler pay in their currency OR you pay your suppliers in another currency
- Traveler pays: If you force your traveler to pay in your preferred currency

Payment Methods

Credit Card
Google Pay
YouLi No-fee options:
- Record Manual Payment
- Payment Instructions
  - Bank Transfer (Wire or Wise)
  - Zelle
  - Cash App
  - etc...
  - Bitcoin wallet
  - Strike wallet
- PayPal.me
- Pay by Phone
  - Mix with Make a Charge to charge ANY amount (not just the amount due)
- Custom Link
  - Link to a donation platform

WHO this is for:

✔ Group travel companies

✔ Business Founders, Operational Managers, Independent Agents.

Short introduction to YouLi Payment Options:

Jen Fein - Co-founder, CEO, Thought Leader, Visionary

Jen Fein is the product visionary behind YouLi and an epic group travel planner.

After years of building digital products as an engineer and product manager for large global businesses, Jennifer is now making software that empowers passionate people to start and scale group travel businesses. She met her technical co-founder Bron at a #shehacks event in Melbourne. Together they are growing YouLi into the Shopify for group travel.

She is also the co-author of Ready to Start? Becoming an Entrepreneur in Australia. And a regular speaker/moderator.

Katie Broadhurst - Online Business Manager, Adventure Travel

I help adventure business owners get organized to scale their businesses. This all starts with a conversation. I discuss your business, who you are as a company owner, your personal aspirations, and your company's objective.

I’m a data-driven, SOP fanatic small-town Canadian girl. I thrive on organization and getting things done. Transitioning to becoming a Certified Online Business Manager was the best move I ever made. I’ve grown my skills in software knowledge, productivity, online best practices and combined this with over a decade working in the adventure tourism industry. My joy in being an OBM so far has been seeing the growth in my clients, watching them evolve from confused and unorganized to calm, confident decision-makers.

When I'm not helping adventure businesses online you will find me outside. I strive to balance work and lifestyle, aiming to hike, bike, paddleboard or climb most days of the week. My partner, Will, and our pup Zaya spend our ski seasons in the Kootenay’s and our summers in our 22 foot Winnebago.

I always welcome a conversation so be sure to say hey!

Visit Peak Flow OBM

REPLAY

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