Organizer Profit Setup on Ticket Fee
The steps for creating a ticket includes an option to decide the fee contribution. Refer here for the ticket creation process.
When setting up ticket pricing for events, you have the flexibility to choose between "Absorb" or "Pass On" options, which determines who covers the Payment Gateway fee and Eventify's fee. This gives event organizers the opportunity to define a pricing structure that generates profit for their events.
For example, A ticket Price is $99 and Additional Payment Gateway + Eventify Fee is (3.17+1) = $4.7
When you select:
- Absorb: This fee amount will be beared by you and the ticket purchaser pays only the ticket price.
Ticket price = 99.00
Payment gateway fee = 4.17
Buyer pays = 99.00
Money to you is (99.00 - 4.17 )=94.83
- Pass on: This fee amount will be beared by the ticket purchaser and the ticket purchaser pays the ticket price plus (+) the fee.
Ticket price = 99.00
Payment gateway fee = 4.17
Buyer pays (99.00 + 4.17 ) = 103.17
Money to you is = 99.00
Note: While setting the paid ticket price, there is an info icon (i) that will show the full breakdown of the price.