In our previous blog, we have a brief introduction to Event Management in Dynamics 365, and how payment gateway is enabled based on how you host your event website. In this blog, we will learn the significance of integrating a payment gateway to your events.
Why Payment Gateway?
When hosting multiple events where users have to purchase a pass, it is quite advisable to integrate a secure payment gateway with your event website. People are digitally live now, so they relish to have a simple online payment method rather than being in a queue to reserve the passes.
It can process payments promptly, securely, and efficiently. Payment gateways with Dynamics 365 also allow you to process your credit card hassle-free. Beyond this, it benefits from payment automation, capturing customer data, issue receipts, and can integrate with various banking services. This makes it a convincing feature of Microsoft Dynamics 365.
Features of Payment Gateway
As the payment is processed automatically, this saves plenty of time of workers and makes them available to be utilized in some different tasks without enough bothering about the payment. As the manual entry lessens, it also decreases errors.
2. Manages cash-flow
For any organization, irrespective of small or medium size, it is essential to be aware of the incoming cash flow. With the help of payment gateway, you can have real-time information on the amount of cash you have, which in the manual transaction chances of mis-calculation increases.
You can easily connect with a third-party payment provider (such as Authorize.net) to authenticate and capture payment details. You can also customize and can use the payment provider for a single event or for multiple events depending upon your requirement.
4. Easy Currency Conversion
Often, your customers mistake about the pricing based on the currency. The by default feature of payment gateway will help your customers by providing the facility to set the currency preference as per their convenience and reduce the confusion with the real-time conversion.
5. Swift check-out
While it promotes a rapid check-out by saving payment card information, it is likewise completely PCI compliant. Customer’s sensitive details are entirely secure, and the system never shares that with anyone. Hence, it is a reliable solution.
These were the few simple yet significant features of integrating payment gateway with Dynamics 365 for Marketing. How you host your event is totally your choice but make sure you provide the best service to the customers. To know more about event management and payment gateway integration, feel free to contact us at email@example.com