Is it safe to rent between private individuals on Nolex?
Nolex is built so that both sides of a rental are protected before, during and after it. Before a booking, renters verify their identity once through Stripe Identity, and hosts complete a one-time business verification (KYB) before they can publish a first listing, so there is a real person or business behind every listing and every booking. During the rental, all payments go through Stripe and Nolex never sees or stores card details, while personal contact details such as email and phone stay hidden until the booking is confirmed. The security deposit protects the host if an item is damaged or not returned, and any optional damage coverage handles minor problems from normal use. After the rental, if there are no reports, the deposit and the damage coverage are refunded automatically. If anything goes wrong, both renters and hosts can open a support request from inside the app.