|Description||The Only Secure Way to Rent Online|
DepositGuard is a patent-pending, web-based service that standardizes the way money is handled for online vacation and home rentals. DepositGuard securely collects, holds and administers the deposits and pre-paid rents for vacation and residential property transactions â€“ used by renters, homeowners, landlords, property managers and rental agents.
DepositGuard establishes a neutral third-party account where the pre-paid money required to reserve a property is parked for safekeeping. The money is disbursed to the property owner the day after the rental starts. Both the renter and landlord have full visibility into the account and in order for any money to be released prior to the rental start date they must both be in agreement.
No matter where homeowners and renters list and find accommodations, DepositGuardâ€™s protected payment process works across any sales platform or site.