Deposits are a great way to cover upfront costs for tours and activities. Deposits can be up to 50% of the total booking amount and are charged immediately after a booking is accepted. You then receive your payout the first upcoming Tuesday, unless otherwise specified. The remaining amount is charged by default 7 days before the activity begins, and transferred to you on the Tuesday after the activity start date.
Deposit payments and your Cancellation Policy are tied together. There are currently 5 types of cancellation policies that are by default available on your Dashboard. You can select any of these cancellation policies when you create a tour or send an invoice:
- No cancellations
- 30 days before a tour starts for a 50% refund, with no refunds after that
- 5 days before a tour starts for a full refund, with no refunds after that
- 5 days before a tour starts for a 50% refund, with no refunds after that
- 2 days before a tour starts for a full refund, with no refunds after that
Selecting one of our provided cancellation policies ensures that all refunds in case of cancellations or no-shows will be processed smoothly and you won't have to transfer additional funds to us to refund your guest. We simply cancel the remaining payment and the refund is processed seamlessly.
Learn more about cancellations and refunds here.