We Accept Deposits

“We accept deposit” means that a business or service provider accepts a partial payment upfront, typically a percentage of the total cost, to secure a booking or commitment. This deposit serves as a guarantee, helping the business cover potential losses if the customer cancels.

Purpose of a Deposit

A deposit is a partial payment made at the time of booking or agreement to secure a service, purchase, or rental.

How it Works

You pay a portion of the total cost upfront, and the remaining balance is paid later.

Benefits for the Business

Deposits help secure bookings, minimise no-shows, and ensure that expenses can be covered if a customer cancels.

Terms and Conditions

The deposit and any associated terms and conditions should be clearly outlined in a contract or agreement.

Refundability

Deposits may be refundable under certain circumstances, such as if the business cancels the service or if the customer cancels with sufficient notice.