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Terms of Payment
Readyhubb Team avatar
Written by Readyhubb Team
Updated over 7 months ago

Setting Up Terms of Payment on Readyhubb:

ReadyHubb equips you with essential tools to manage your business and collect payments your way. Customize how you receive payments and set your business payment policies from the "Terms of Payments" section on ReadyHubb.

Here's how to set it up:

  • Log in to the Readyhubb platform.

  • Navigate to Profile.

  • Click on Business Settings.

  • From the dropdown or menu, select Terms of Payment.

Pay in Cash:

  • This option is available for professionals who prefer cash payments before and after a service.

Pay Online:

In-app payments are online payment options such as:

  • Debit/credit card

  • Apple pay & Google pay

  • Buy now, pay later: Klarna, Afterpay & Affirm

  • Cash app pay

Did you know last-minute cancellations and no-shows can cost you nearly 30% of your annual income? That's thousands of dollars lost each year, making it challenging to predict your earnings and plan ahead.

Protect your business by enabling online payments to collect deposits and hold cards on file.

Note: To accept online payments you will need to verify your identity, this process takes less than 5 minutes.

Add Tax:

  • Charge taxes for services you provide based on your state tax requirements

  • The platform will calculate the tax based on the total service cost. For instance, if you charge $10 for a service and have a 10% tax rate, the client will be billed $11 in total ($10 + $1 tax).

Apply Deposit:

  • This feature helps ensure only serious clients book appointments and protect your business against the inconvenience of last-minute cancellations or no-shows.

  • Deposit fees are applicable whether clients choose cash for the remaining balance or online payments. For example, even if a client prefers to pay in cash, a card deposit will be required to secure their appointment.

Additional Payment & Booking Policies:

  • Here, you can elaborate on any other essential payment terms, conditions, or policies related to bookings. Before clients can confirm an appointment, they will need to read and agree to these stipulated terms.

Remember to click Save and Continue to lock in any changes you make.

⚠️ NOTE: Setting out your terms of payment ensures a smoother transaction process with clients. Regularly review and update your terms to align with any changes in your business. If you encounter challenges, our support team is always here to help!

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