While TicketSpice is based in the US, our northern neighbors love TicketSpice for its easy of use and affordable pricing. Create event pages and sell tickets in Canadian Dollars (CAD) and process payment with Webconnex Payments, our in-house payment payment processor, and get payouts in CAD direct deposited into your Canadian bank account.
What is TicketSpice's Pricing for Canada?
One of the best reasons TicketSpice is loved in Canada is because our pricing is $0.99 CAD per paid ticket + 2.9$ + $0.30 per transaction when using Webconnex Payments, our in-house payment processor. For tickets $5 CAD or less, the TicketSpice pricing drops to $0.49 CAD as well. All TicketSpice fees get deducted before your payouts occur. If you choose to use a third party payment processor, you will be billed with a credit card on file and the ticketing fees will be $0.99 USD per paid ticket and will incur a custom payment processor fee of 1% per transaction.
What is the Payment Processing Fee in Canada?
Webconnex Payments, our in-house payment processor charges 2.9% + $0.30/transaction for all credit card transactions and is deeply integrated with the TicketSpice platform. Our TicketSpice fees get collected and deducted at the same time the payment processing fee is withheld prior to direct deposit. When using a payment processor other than Webconnex Payments to process transactions in CAD, you will pay your payment processing fees assessed by that provider and pay an additional 1% transaction fee with TicketSpice that is collected monthly by a card on file.
How Do Payouts Work in Canada?
You can receive your payouts in Canada with Webconnex Payments via direct deposit to your bank account and can choose either daily, weekly, or monthly. The most common selection is weekly as it makes for easier bookkeeping and is more accommodating for when you make downgrades to tickets or issue refunds as the refunds due can be deducted from revenue that is awaiting to be paid out to your bank account. If you do not have any funds awaiting transfer to offset any refunds, your bank account will be debited for the amount to cover the refunds.