Australian resorts managed by Classic Holidays have had a huge win in the past year collecting resort maintenance levies thanks to Freedom Pay.
Resort owners are staying on top of their accounts
Resort owners have taken advantage of using the Buy Now Pay Later (‘BNPL’) product Freedom Pay, allowing them to pay their levies in interest-free instalments over a period of up to 10 months. Owners can choose to pay weekly, fortnightly, or monthly.
The breathing space gained by paying levies over instalments has been welcomed by many resort owners. Freedom Pay has allowed them to stay on top of their accounts AND save – by receiving early bird discounts for paying on time.
The uptake of resort owners using Freedom Pay has been assisted by the fast and easy online application process and instant approval.
Resorts are receiving more levies on time.
Resorts are also seeing a notable spike in the collection of levies in full and on time compared to recent years.
As an added bonus, this BNPL option comes at no cost to the resorts, with zero merchant fees charged by Freedom Pay.
The success of Freedom Pay for both owners and resorts has now led to Classic adding the Freedom Pay BNPL as a way to pay for other products and services such as holiday rentals.