Last Updated: September 15, 2017
By making a booking and choosing to pay in installments (“Installment Feature”), you agree to these Installment Terms of Service (“Installment Terms”), which amend Airbnb’s Terms of Service (“Airbnb Terms”) and Payments Terms of Service (“Payments Terms”) and are effective as of the date when you first book and use the Installment Feature.
All capitalized terms not defined have the meaning given to them in the Airbnb Terms and Payments Terms. If there is a conflict between the Airbnb Terms or Payments Terms and the Installment Terms, the Installment Terms prevail.
The Installment Feature allows Guests to pay the Total Fees in up to twelve (12) monthly installments. If you choose to pay in two (2) or more installments, you will be notified of the monthly installment amount and applicable fee for the installment facility (“Installment Fee”) payable by you on the Airbnb Platform during checkout. Your installment payments will be made to EBANX, Airbnb’s official payment provider. Additional terms and conditions for the installment facility required by EBANX apply. You authorize EBANX to charge the original Payment Method you used to make the booking on the applicable payment dates for the purpose of making your installment payments or Booking Modifications, if applicable. Your card issuing bank may charge you interest or other fees under the terms and conditions in your cardmember agreement such as applicable interest on unpaid balances or late payments.
If your booking is canceled for any reason, the Installment Fee in its entirety will be refunded to the original Payment Method you used to make the booking. In respect of other fees paid by you (e.g. Guest Fees), you will be refunded in accordance with the Airbnb Terms. How your refund is processed and the time it takes for the funds to reach your Payment Method will depend upon your card issuing bank.
If you make a modification to a booking made with the Installment Feature, you will be notified of the amount owing by you or reimbursable to you, as the case may be, via the Airbnb Platform. If the Booking Modification increases your Total Fees, you will be required to pay the additional amount in its entirety at the time of the modification using your Payment Method. If the Booking Modification lowers your Total Fees, the difference will be refunded to the original Payment Method you used to make the booking. How your refund is processed and the time it takes for the funds to reach your Payment Method will depend upon your card issuing bank. You will not be refunded any of portion of the Installment Fee in the event the Booking Modification lowers your Total Fees.