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At Rentah, we are committed to remaining on the forefront of advancing user security and protection in the shared economy. We are currently working with Rental Guardian to provide our users with access to over 100 types of insurance in the coming months to address varied needs, from product insurance such as electronics and vehicles, to Renters, Home, and Travel insurance, which can be useful to both our renters and providers.
To add another layer of security for those items that we can not insure, we give the option for providers to accept deposits. For unique items such as instruments or items with sentimental value, providers determine a deposit amount that reflects the item’s value.
All transactions are made through the simple and secure Stripe platform. As a user, you can set up a Stripe account upon creation of your profile, enabling the receipt of payments directly into your bank account and the delivery of payments through any major credit card.
Through this partnership with Stripe, a company that processes billions of dollars a year for individuals and companies of all sizes, you can be sure that your financial and credit information will be kept secure. This payment method enables you to conveniently accept and make payments from your home, while alleviating the uncertainties inherent with cash transactions.
While it is completely free to make a Rentah account and post your listings, in order for us to keep our doors open, we charge a 5% fee on each completed transaction. This means that we only make money when you make money, and we don’t get a nickel until you get a dollar.