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It is definitely false advertised and I am unable to understand why Booking.com at least cannot check if the hidden credit card is valid or not before provided to us when the risk free policy expires in the last date before guest arrival date.
The guests can cancel anytime and when we do not have the right information, it is impossible to earn the booking money for the room in anyway.
Sadly, missed opportunity at here for the small businesses that depend on every possible income.