How to Accept Interac E-Transfers for Event Payments

Olivier Rousseau
11 September 2024 2 min read

Managing payments for events can be a headache, especially when faced with either high credit card fees or the headaces of cash payments at the door.

Luckily, Interac E-Transfer offers a simple, cost-effective solution to accept payments for your event, whether you’re selling tickets or collecting registration fees.

In this article, we’ll explore:

Author’s note: Olivier shares tips and tricks he’s learned over the past decade as the owner of a kids’s activity center working with many different online registration tools. Today, as the co-founder of Activity Messenger, he now helps hundreds of organizations in North America improve their online registration process and increase their conversion rates.

How to Sell Tickets Online In Canada

Whether it’s for a gymnastics competition, dance recital, or any other event, providing a straightforward online ticketing experience is key to boosting attendance and simplifying event management.

Here’s how to get started:

  1. Create an Event Page: Use a platform like Activity Messenger or EventBrite to create a dedicated event page where attendees can view event details and purchase tickets.
  2. Set Ticket Prices: Decide on your pricing structure and whether you’ll offer early-bird discounts, group rates, or VIP packages.
  3. Enable Online Payments: Connect your payment options, including Interac e-Transfer, to allow for online payments.
  4. Share tickets with attendees: As soon as someone purchases a ticket, they get a confirmation email that includes their ticket with Qr Code. You can fully brand the ticket using the Canva & Activity Messenger integration.

How to create tickets for a soccer tournament

By providing a fully integrated online experience, you can streamline the ticket-buying process and eliminate the long lineup and cash payments on the day of the event.

Connecting Interac E-Transfers for Event Ticket Sales

Adding Interac e-Transfer as a payment method to event ticket sales with Activity Messenger allows your to integrate Interac e-Transfers into your checkout process.

How to offer Interac e-Transfers as a payment option:

  1. Set Up Your Event on Activity Messenger: Create your event page and add ticket details.
  2. Choose Interac e-Transfer as a Payment Method: In your payment settings, select Interac e-Transfer as an option for customers to use.
  3. Set up recipient information: Specify a designated email address for participants to send their Interac payments to. Configure security questions and answers based on your organization’s preferences.
  4. Share instructions: The platform provides detailed instructions such as the recipient’s email address, security question and relevant notes once Interac e-Transfer is selected as the payment method.
  5. Automated reconciliation: Automated reconciliation can save you a lot of time if you process a high volume of transactions for your event. It matches payments to registrations and reduces the amount of manual tracking that is required.

Automate Interac Ticket Payment Settlement

Automatic payout is one of the biggest benefits of using Interac e-Transfers. E-transfers arrive in your account instantly, unlike credit card payments that can take days to process and clear.

As soon as your attendee completes the transaction, you receive the funds directly. This can be a game changer for event organizers who need immediate cash flow.

Automate Interac Ticket Payment Settlement

Auto-cancellation if funds are not received in the specified timeframe

The Auto-Cancellation feature is another helpful tool that Activity Messenger provides for managing event payments.

This helps you to:

  • Automatically cancel ticket reservations if payments aren’t received within a specified timeframe.
  • Avoid holding seats for non-paying attendees.
  • Quickly free up tickets or seats for other potential attendees.

Auto-Cancellation Feature

 

 

Lower Fees Compared to Credit Cards

If you’ve ever organized an event, you’re probably familiar with the sting of credit card fees and event platform commissions.

With services like Eventbrite, fees can be as high as 5-6% per transaction.

With Interac E-Transfers, however, fees are typically much lower. For small to mid-sized one-off events, this can mean significant savings, allowing you to keep more of the profits.

Compare payment methods

(Activity Messenger vs Eventbrite vs TutuTix)

Activity Messenger
(Interac)
Activity Messenger
(Credit Card)
EventBrite
(Credit Card)
TutuTix
(Credit Card)
Processing fees* 1% 3.9% + 0,30$ 6,4% + 1,29$ 5% + 1,00$
Payout Instant 1-3 days 5 days weekly
Settlement Automated** Automated Automated Automated
*Includes all fees charged by registration software.
**Activity Messenger is the only registration platform that can automate Interac settlements.

Tips on promoting and managing your event

Now that you have your ticket and payment method set up, it’s time to get people to your event! Here’s how you can effectively promote and manage your event.

Email Marketing

Email marketing continues to be one of the most powerful tools available for promoting your event. With Activity Messenger, you can create beautiful, professional-looking e-mails to send out to your subscribers. You can also incentivize subscribers to sign up by offering early bird discounts or exclusive offers.

Email Marketing tool for Dance Studio

SMS Reminder

SMS reminders allow you to message attendees a few days before the event to remind them of their ticket and provide last-minute details. This is a great way to communicate with attendees, as SMS has a much higher open rate than email.

Post-Event Survey

After your event, don’t forget to gather valuable feedback! Use a post-event survey to learn what worked and what could be improved for future events.

With Activity Messenger, you can create send these surveys via email or SMS. You can even automate the survey to go out X number of days after an event.

Conclusion

Accepting Interac E-Transfers for event payments not only saves you money on fees but also simplifies the payment process for you and your attendees.

So, the next time you’re organizing a competition, class, or recital, consider offering Interac E-Transfers as a fast, reliable, and cost-efficient payment solution. And think of Activity Messenger as the simple way to automate the whole process.

Written by Olivier Rousseau Olivier is a kids sports programs owner who has been operating for over a decade with locations in Montreal, Quebec city & Ottawa. He also helps Gymnastics Club, Swim Schools and Dance Studios streamline their operations. He is the co-founder of Activity Messenger an online registration platform for the sports & leisure industry.

Event Ticket Sale with Interac Payments

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