Live Entertainment Merchant Account
Whether you are looking to sell out a stadium for a rock concert or you
just want to sell tickets to your weekly poetry jam, you will need a way to
get paid for your live entertainment events. Instead of sitting around
waiting to find out when, or if you are approved for a merchant account,
contact Risk Free Merchant because we specialize in getting merchant account
approvals done fast. Although you can use ticketing providers, these often
act as third party payment processors. This means you may not get paid for
days or even weeks after your event takes place. The vast majority of live
entertainment acts demand payment on the day of the event so if you have to
wait to receive your money from your ticketing provider, that can cause
serious financial constraints.
With a Live Entertainment Merchant Account you have almost instant access to
your ticketing revenue. Unlike third party payment processors, your venue
name appears on your customer’s statement, decreasing the likelihood of
chargebacks if they don’t recognize that name. Ticket providers often tack
on premium fees to the cost of the ticket or add a premium to their own cost
for credit card processing rates. These fees are passed down to the people
attending your event, raising the price paid and potentially deterring
advanced sales. Save money with our industry lowest rates. With your own
Live Entertainment Merchant Account, you can avoid passing on excessive fees
to your patrons and keep the entire amount charged for your business. You
can also be equipped with an alternate payment processing method such as
Check 21 or ACH that can reduce your processing rates and provide you with a
great alternate method of payment acceptance.
Since sometimes live events get cancelled, credit card refunds may be
unavoidable. When you use a third party payment processor, you are subject
to their refund policies. This often means your venue is responsible for any
fees and credit card processing charges, since they only refund the face
value of the ticket. At Risk Free Merchant, part of the reason it is “risk
free” is that we work hard to minimize your risk by both preventing and
reducing credit card fraud, whether it’s online or in your brick and mortar
store. For a risk free Live Entertainment Merchant Account contact us today!

