You do not necessarily need your own merchant account to work with Thepointofsale.com. We can make ours available to you. We're happy to provide this service and to make things easier for you.

Some organizers may require cash flow in the period leading up to their events.  With this in mind, we've developed a tool that allows you to link your merchant account to our platform.

WHAT IS A MERCHANT ACCOUNT?

A merchant account is a communications channel between the ticket buyer's credit card and your bank account.

There are many types of merchant accounts and they each respond to different needs.

FEE COMPARISON

Our merchant account:

Transaction fee: 3.9%
Deposit frequency: The Monday following the date of your event
Activation time: Instantaneous
Redirection: No

Stripe:

Transaction fee: $0.30 per transaction + 2.9%
Deposit frequency: Automated
Activation time: Instantaneous
Redirection: No

PayPal:

Transaction fee: $0.30 per transaction + 2.9%
Deposit frequency: Funds are transferred from PayPal to your bank account upon request (via their website)
Activation time: Instantaneous
Redirection: Yes

Other payment processors:

Transaction fees: Fee information available upon request (depends on your sales volume)
Deposit frequency: Every day
Activation time: Several days
Redirection: No

Merchant accounts of this type are ideal for organizers of smaller and medium-sized events who expect to sell a small number of tickets and who do not necessarily require large amounts of cash flow prior to their events.

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