What does prepayment mean on booking.com?

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Usually, if nothing else is indicated, prepayment means a 100% prepayment. If the total costs $400, the entire amount will be charged at the indicated date. When you arrive at the hotel, there will be nothing more to pay except, if applicable, city tax and extras. The city tax should normally be mentioned somewhere, possibly in a tiny smallprint.

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Source: stackoverflow.com

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