Mon Bien Events specialise in business hosting events in the energy, automotive, IT, chemical, medical devices, pharmaceuticals, tax, banking and sports hospitality sectors. In addition, we are open to create a custom event for individual businesses through a webinar service division. The end goal being – giving their delegates the business information and market access they need.
The Challenge...
The tickets and events industry is deemed as high risk due to the potential for cancellations and high chargebacks. The merchant is an established events company hosting bluechip clients and delegates with positive processing history. The merchant being classed as a high risk industry would result in high fees and terms that placed additional securities on the business including holdback reserves and longer payouts. The merchant was losing conversions from not having an option to pay by email link.
How did CardPayGO
help Mon Bien Events?
We carefully undertook enhanced due diligence on behalf of our acquiring partners and, at their behest, obtained supporting documentation demonstrating their experience and high-quality client base. This ensured the merchant was able to secure competitive terms and save considerably on processing fees. We also assisted the merchant in selecting third-party software for event management that is already integrated with our payment gateway. The merchant was able to generate pay by email links in sales emails to ensure a greater chance of converting leads.
The Results
- Low transaction fees for a High Risk industry
- Competitive settlement terms
- Complex application completed efficiently
- Third party events management software integration
- Introduced secure pay by email links for increased conversions
