Your credit or debit card will be charged for the full amount of the reservation once it has been accepted by the host, as outlined in your booking confirmation. Peerspace does not permit deposits to secure the space (such as a 50% partial payment in advance). Once your booking has been confirmed and you've been fully charged, our cancellation and refund policy takes effect. We highly recommend that you only submit a booking request when you are certain that a cancellation is very unlikely.
For more information, head over to our explanation of the payment process.