Choosing a secure, optimised online ticketing platform is one of the most important decisions for a promoter/organiser. With all that's involved for a successful event, the last thing you need is fraud and payment issues. Also, you'll want a clear overview about the total payout.
Entrytickets makes calculating ticket costs simple and straightforward. As part of our service, we do all the hard work for you. This includes selecting optimal payment partners in each country to keep prices the same everywhere. To learn more about how we operate click here.
Of course, transparent payment processing is only part of what's needed for any event. Learn more about what else to look for when selecting a ticketing partner in our related article. With that, read on to learn more about how we make it easy to sell tickets with low rates. It's all covered in the following topics:
- Why PSPs matter
- A seamless online ticketing platform
- Cashless experience
- Retain your revenue
Why PSPs matter
Every major online ticketing platform uses a payment service provider or PSP. These are companies like Stripe, PayPal, and Bancontact who process digital transactions. With most ticketing partners, you're locked into a specific PSP. This means no control if their rates change periodically. Additionally, fees and payment types can be different for each country you operate.
Entrytickets avoids all this by working with multiple PSPs. We automatically switch between providers based on transaction type and total amount with no extra steps required for you. This means no matter the payment method, location, or event size, our service fees will always be the same. If you'd like a demo on how this all works, click here to get started.
A seamless online ticketing platform
While optimising PSPs on the backend, we ensure a seamless payment process for guests. Typically, customers need to grab a physical card to enter details when purchasing a ticket. In addition, some banks may ask for authorisation, creating an extra step. All these hurdles can cause a customer to give up and cancel the purchase.
To speed up this process, Entrytickets leverages open banking payments. This technology allows guests to pay directly on their mobile device via most major banking apps. As a result, they can securely purchase a ticket in seconds without typing card information or grabbing their wallet.
Cashless experience
Payment processing doesn't stop once the ticket is sold. Festivals and events typically require a cashless experience for drinks and food. With this, it's no surprise that many cashless providers see this as an opportunity to charge high activation and top-up fees.
In keeping with our mission to keep costs as low as possible, we charge minimal fees while providing a fast and efficient cashless payment experience. Entrytickets keeps operational costs down so you can retain more from drink and food sales.
Retain your revenue
The online ticketing payment landscape is quite complex. Not choosing the most optimal partner could result in lost revenue from hidden fees or abandoned ticket sales. Luckily, you don't have to be a financial expert to choose the right solution.
Entrytickets was designed with promoters and event organisers in mind. We negotiate with banks and PSPs on your behalf while maintaining high security standards. Let us help you keep service fees low for the best possible guest experience. Get started today.