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- Security Deposits
Setting up security deposits
How to set up security deposits for your rental products
Security deposits are a risk management tool for you. Twice provides automatic security deposits together with Twice Payments, Stripe as a third-party payment processor, and manual security deposits.
Note: Security deposits are available on Discover, Build, and Advance Plan.
On this page
Defining Security Deposits
Security deposits are defined on a product level, meaning you choose yourself which products require a security deposit and the deposit amount to be reserved.
- In your Twice Admin App, navigate to Catalog > Products > [choose the product you want to set up a deposit for] > Settings.
- Scroll down to the Deposit section.
- Define the deposit amount.
- Remember to save your settings.