How Gaifong works
New to the community? Read these pointers
Listing an item
Booking an item
About payments on Gaifong
All payments on Gaifong are done electronically, much like you would when you book an air ticket or shop online. All sensitive information is handled by Stripe, a secure, PCI-Level 1 (higher rating) payments processing system. Your information never reaches Gaifong's servers, so even if we are hacked (touch wood!), your information is safe.
On the owner-side, you can choose to receive payments in a multiple number of ways, including PayPal, PayMe, or automatic bank transfer. Rental payments are paid out one day after the rental start date.
A HK$2,000 Owner Guarantee
As an Owner, the worst-case scenario is that the Renter steals and runs away with your item, or if there is severe damage. Aside from claiming damages from the Security Deposit, when you rent your item through Gaifong, you will also automatically qualify for a HK$2,000 compensation amount, in addition to the Security Deposit. Such cases are extremely rare, but it's always good to know there's something to fall back to! As Gaifong grows in scale, this Guarantee amount will also likely increase.