We identified prepaid rates as a big trend in 2012 in our post Predictions for hotel digital marketing in 2012. To make this a reality for our hotel customer base, we are making pre-paid rates as simple as 1-2-3 with our automatic payment confirmation via Paypal.
As long as the hotel has/opens a Paypal merchant account (a simple, online process), we will be able to get the funds for reservations and guarantees into their Paypal account as soon as the reservation is confirmed.
We also integrated with multiple payment gateways (e.g. First Data), so that if you already have a merchant account with a payment processor, you can continue using it.