Airbnb has launched a new payment method called 'Book now, pay later,' which allows Greek travelers to secure selected accommodations without having to pay at the time of booking. This service enables users to hold a reservation without immediate charges, with payment due just before the end of a cancellation-free period. It is an innovative approach catered to the needs of travelers seeking flexibility in their bookings.

This new option is available to Greek users booking selected accommodations worldwide, as long as these properties have a 'moderate' or 'flexible' cancellation policy. Travelers can reserve their stay without paying the full amount upfront; instead, they settle the payment shortly before the end of the cancellation window. This approach aims to preserve the original cancellation policies set by the hosts while offering guests time to make further arrangements if needed.

According to Airbnb, implementing this model in the U.S. led to an increase in nights booked, suggesting that flexibility in payment can attract more users. The addition of this payment option reflects the company's ongoing strategy to enhance user convenience and adapt to the changing preferences of modern-day travelers, particularly in the Greek market, which is gearing up for the tourist season.