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Advance payment
Julia von Melen avatar
Written by Julia von Melen
Updated over a week ago

In BookSpot, you can determine how much of the product's price needs to be paid for the booking to be created, known as prepayment.

This can be useful if, for example, you offer more expensive experiences or if customers often book well in advance and hesitate to pay the full amount at the time of booking.

Examples:

  • If customers are required to pay the full product price at the time of booking (which we generally recommend), set the prepayment to 100%.

  • If customers do not need to pay anything when they create the booking (skip the payment step entirely), set the prepayment to 0%.

How to enable advance payment

By default, the prepayment for products is set to 100%.

If you want customers to pay only a portion of the product's price when booking, for example, 20%, enable prepayment by going to Product settings > Prices > Advance Payment.

There you can also specify when the full payment should be completed under "Full payment within."

You can also enable an automatic payment link to be sent to the customer for the remaining amount (80% of the product's price) when the time for "full payment" is due, for example, 7 days before the booking starts.

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