Prepayment policy to charge for reservations in advance

The prepayment policy feature enables event organizers to collect part or a full payment from attendees/guests at the time of booking, rather than waiting until the event date for the full payment. This is especially valuable for group reservations and team bookings where securing commitment upfront reduces no-shows and ensures guaranteed revenue. By requiring advance payment, organizers gain better cash flow predictability and can make informed decisions about event capacity, catering, and resource allocation with confidence.