Payment types for events
There are many different payment types that you may be considering for your events. The following help doc will help you understand which ones Corsizio supports and how they are handled.
Supported Payment Types
Credit Card Payments
Credit cards, such as Visa, Mastercard, American Express, Discover, Diners Club, and JCB, are the primary online payment method accepted as payment for your events. Credit card payments are processed by Stripe (our chosen payment processor), and no credit card numbers are stored on Corsizio's servers. To accept credit card payments, you need to connect your bank account to Corsizio via Stripe and operate in one of the currencies accepted by Stripe and offered on Corsizio. You can also accept credit card payments manually as offline payments.
FSA credit card payments are accepted as well but require special authorization from Stripe. To accept these payments for your registrations, contact Stripe, to have them approve your account or explain how to configure it to allow for these cards. The configuration is not done on our end, but on your end for your Stripe account.
Stripe Terminal Readers are currently not supported on Corsizio to accept point-of-sale credit card payments, as the platform's current focus is online event registrations and not e-commerce sales. However, you do have the ability to accept manual credit card payments from your attendees anytime.
Debit Card Payments
Debit cards are the next most popular online payment method accepted as payment for your events. Debit card payments are processed by Stripe (our chosen payment processor), and no debit card numbers are stored on Corsizio's servers. To accept debit card payments you need to connect your bank account to Corsizio via Stripe and operate in one of the currencies accepted by Stripe and offered on Corsizio. You can also accept debit card payments, just like credit cards, manually as offline payments.
Checks
You can accept checks as an offline payment method on Corsizio.
Cash
You can accept cash as an offline payment method on Corsizio.
Bank Money Transfers
You can accept bank money transfers as an offline payment method on Corsizio. For example, in Canada you can have your registrants pay you via an e-transfer by Interac and enter it as an offline payment.
Gift Certificates / Vouchers
You can accept gift certificates or vouchers as an offline payment method on Corsizio, but there is no such feature currently available for online purchases.
A possible way to achieve a result like a gift certificate or credit voucher is using the coupon feature, where you would provide a physical or digital voucher to the party buying the certificate for a specific event with a unique coupon code. For example, make a coupon code as the person's name or something similarly personal for that individual and make the coupon for 100% off if it is meant to be fully prepaid. Then, when the recipient receives the gift certificate and registers for the event on the certificate, they would enter the coupon code found on their voucher and receive that discounted rate. Please keep in mind that this method will record a discount in the system and your reports, and not revenue.
Other
You can accept "other" methods of payment, such as barter, energy exchange, or gift economy, as an offline payment method on Corsizio.
Not Supported Payment Types
PayPal
In an effort to keep the service as simple, effective, and efficient as possible for everyone, Corsizio does not use other payment processors, aside from Stripe, for online payments. Therefore, PayPal is not supported, as it is another payment processor that would be redundant for our platform.
Apple Pay and Google Pay
Both of these are digital wallet services and are not available as online payment methods on Corsizio.
Alipay
Alipay is a digital wallet service in China and is not currently available as an online payment method on Corsizio, given that Corsizio is not targeted to the Chinese market.
ACH Payments
ACH payments are electronic payments that go through the Automated Clearing House ( ACH) Network. Funds move from one bank account to another with the help of a centralized system that directs funds to their final destination. While Stripe does support ACH payments for US-based businesses, Corsizio does not offer this payment method for your registrations for several reasons, as follows: ACH payments do not provide immediate funds, the process required to verify and receive ACH payments is cumbersome, it requires an integration through yet another system - Plaid, there is a higher refund and dispute risk, and it is not an optimized or easy payment method for our customers to deal with. To learn more about this process, please refer to Stripe's ACH Guide.
Other
Other payment methods that are solely focused on or only available in a limited geographic area, like Bancontact, Giropay, iDEAL, SEPA Direct Debit, SOFORT, or Paynow are not available as online payment methods on Corsizio.