It charges the customer's saved card for their unpaid bookings. If the charge succeeds, those bookings are marked paid. If the card is declined, recovery stays on and retries are handled for you, with clear Retrying, Failed, and Given up statuses.
Revenue Recovery for Rental Businesses
Revenue recovery in Lockii collects money that would otherwise slip through: declined saved-card charges, unpaid balances, and late fees. Smart retries pick the moment a charge is most likely to succeed, and Settle Up lets customers pay every outstanding booking in one checkout.
Built for rental workflows
Practical controls that keep self-service rental secure and paid, without staffing every handover.
Retry timing comes from a model trained on millions of payments, not a fixed daily loop that annoys banks and customers.
Customers with balances across several bookings pay them all in one checkout, while active hires keep their lock code.
Every customer profile shows Paid, Unpaid, and Total across all bookings, and invoices show what's collected and what's due.
Choose which team members can charge saved cards, turn on recovery, record manual payments, and issue refunds.
How it works
Three steps from setup to a working self-service workflow, no counter required.
A charge is declined
A saved-card charge for a balance, extension, or late fee fails. Lockii marks it and keeps the booking's status clear.
Recovery retries at the right time
Switch on Revenue Recovery for the booking or the whole customer. Lockii charges the card, and Stripe retries declines when they're most likely to succeed.
The balance is settled
Successful charges mark bookings paid. Customers can also clear every outstanding booking at once through Settle Up before their next pickup.
Yes. Customer Revenue Recovery can collect outstanding balances across multiple bookings into a single Stripe invoice, and customers can pay everything themselves through Settle Up.
No. Recovery runs one retry process per balance, and charges are only marked paid once Stripe confirms them.
Related features
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