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Displaying posts with tag: payments (reset)
Tracking the Money — Scaling Financial Reporting at Airbnb

At Airbnb, the Payments team is responsible for everything related to moving money in Airbnb’s global marketplace. We build technology that powers Airbnb’s massive daily transaction volume to collect payments from guests and distribute payouts to hosts. Our goal is to make the payment experience on Airbnb delightful, magical, and intuitive.

Historically, the payments team’s focus was to implement new features, currencies, and payment methods to make payments local in a global business. Our sphere has grown to include compliance (sales taxes, earnings taxes, licenses, and more) as well as reconciliation and financial accounting according to generally accepted accounting principles.

Currently, Airbnb’s payment and financial accounting system is a complex ecosystem that transacts in 191 countries, with …

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