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Payment processor

A payment processor is the service that takes card payments for event registrations and moves the money to the organiser's account.

Processor, gateway and platform are not the same thing

The processor moves the money. A gateway passes card details to it. The event platform sits in front of both and decides which it can connect to. Conflating the three is why "does it support Stripe" gets different answers from different vendors.

Who holds the money, and when

The question that matters for cash flow is whose account registration revenue lands in and how quickly. Processing through your own merchant account means funds arrive on the processor's schedule. Processing through a platform's account means waiting for the platform to pay out, which can be after the event has happened.

Fees are separate from the platform fee

Card processing fees are charged by the processor, not by the event platform. Organisers decide whether to absorb them or pass them to ticket buyers at checkout, and that decision belongs in the pricing model before tickets go on sale.

How Accelevents handles processors

Stripe and Square are available globally. Braintree, Authorize.net, NMI, CyberSource and TouchNet depend on plan tier, and Payflow Pro is White Label only. Accelevents does not take a percentage of card processing fees. See ticketing and registration.

Categories

Registration and ticketing

payment gateway, merchant processor

Related terms

Categories

Registration and ticketing

Also known as

payment gateway, merchant processor

See how this works in practice

Accelevents runs registration, onsite check-in, badge printing, the event app and reporting on one event management platform, with support that responds in less than 21 seconds, 24/7.

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