Split payment in car rental

In car rental, a split payment is a payment type that indicates that the customer pays a part of the rental price when making the booking. The rest of the prepayable amount, which is called balance, is collected from the customer before the rental period begins. Usually, the customer still pays the whole rental price before the pick-up. But with split payment, instead of paying all of it at once, the customer can pay it in several instalments during a longer period.