Kasa strives to deliver the lowest cost structure of any hotel manager in the world
Kasa is excited to announce a milestone in its commitment to cost efficiency and value creation for property owners. The company recently renegotiated a new payment processing contract that reduces credit card processing costs by 10-20%.
Through industry-leading chargeback and fraud reduction technology yielding lower rates of fraud and growing scale, Kasa’s centralized systems and approach to hospitality aim to deliver the lowest cost structure of any hotel manager in the world. We are proud to pass on these cost savings to our property owners, further enhancing the profitability of their properties under Kasa’s management.
The reduced credit card processing fees and cost savings generated by this new contract will be passed on to property owners immediately, making their partnership with Kasa even more rewarding. As Kasa continues to grow, we will receive additional pre-negotiated volume-based discounts with the hope of integrating with multiple payment processors to ensure the lowest possible transaction fees for each booking, depending on size, currency, or geography.
This announcement builds on recent updates, including parameter-based pricing and negotiated rate codes, as one of the many ways we demonstrate a dedication to providing exceptional value to our partners. Kasa remains focused on exploring new avenues to optimize its cost structure, enabling it to pass on savings to property owners and guests alike.