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How deposits work for your studio

What a deposit rule is, how the amount is set, where the money goes and what pbw.life charges for deposits.

By Valeria - Last updated:

A deposit is an amount your client pays online when they book an appointment with your studio. You decide if and when clients pay one. Deposits are optional, and they work only after you connect your own Mollie or Stripe account.

The deposit rule

Your studio has one deposit rule. You choose one of three options:

Appointments that you add yourself, such as walk-ins and phone bookings, never ask for a deposit.

The amount

The deposit is a fixed amount or a percentage.

On the Pro versions and Founding you can also set a different deposit for a single service, and you can give regular clients a lower deposit or no deposit. See Plans and prices.

Your own Mollie or Stripe account

Deposits are paid through Mollie or Stripe. You connect your own account to pbw.life. You can switch a deposit rule on only when Mollie or Stripe is connected and active.

If your Mollie or Stripe account stops working, bookings are confirmed without a deposit until you fix it. You get an e-mail and a push notification when this happens.

Fees

pbw.life adds no fee to deposits or refunds. You pay pbw.life only your subscription. Mollie or Stripe charges its own transaction fee, as it does for any other payment you receive there.

Refunds

What happens to a paid deposit follows the cancellation policy that you set. You choose how many hours before the appointment a client can cancel on time, and if you keep the deposit on a late cancellation. Your client accepts this policy when they book.

A refund is always the full deposit amount.

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