Collecting payments with Lyyti is easy. Any multiple choice/quantity question or participant type can be transformed into a chargeable item. Simply add the price and select payment methods and you're good to go, Lyyti will handle the rest.
Here we have a quantity-type question:
Payments from the participant's point of view
When participants land on the registration page, they fill in their information and select a chargeable product, proceed to selecting a payment method (invoice, online bank payment or credit card). Online bank payments and credit card payments are paid immediately, but invoices (PDF, paperi or e-invoices) are sent automatically from Lyyti to the participant.
How is the money transferred to the organiser?
- Invoices (Pdf, paper invoices and e-invoices): The participant pays invoices directly to the organiser's bank account mentioned on the invoice. Payments that are paid with Lyyti's reference number are automatically transferred into Lyyti and added to the correct invoice and payer (Accounts Ledger Service required, click here for more information).
- Online bank and credit card payments: The participant uses their online bank or credit card to pay the fee. This money is directed to Lyyti's customer account, from which it is redirected to the event organiser twice a month. The organiser does not need to make separate contacts with banks. Information about payments made is always up-to-date in Lyyti.
Lyyti has a separate section, Accounts receivable, that includes reports you can use to balance Lyyti invoicing with other bookkeeping. For each online payment there is an Account summary (summary of transaction receipts) that can be used as a receipt of the money transfer.
To ease your event management even further and start managing payments with Lyyti, please contact our customer service at help(a)lyyti.com