Payvent

Payvent is an event technology platform that aims to simplify payment solutions for festivals, venues, and events. According to the vendor, Payvent caters to companies of all sizes, ranging from small-scale events to large-scale festivals. Event organizers, festival organizers, venue managers, concert promoters, and sports event organizers are among the professionals and industries that can benefit from Payvent's payment solutions.

Key Features

Cashless Payments: According to the vendor, Payvent enables fast and secure cashless transactions at events, with the aim of reducing waiting times in lines and improving the guest experience. The vendor claims that it can increase the speed of service and spend per head by up to 30% and provide real-time transaction data for improved financial management.

Improve guest experience: Payvent's cashless payments are said to reduce waiting times, allowing attendees to spend more time enjoying the event. The vendor claims that fast and secure transactions enhance guest satisfaction and improve health and safety by minimizing physical contact with cash and reducing queues. The vendor also states that Payvent enables personalized experiences through data insights on participant behavior.

Increase event profitability: The vendor claims that Payvent's faster payments and smaller waiting lines can increase the speed of service and spend per head by up to 30%, thus potentially improving event profitability. Real-time transaction data is said to help identify revenue opportunities and optimize operations, while reducing the risk of revenue loss due to counterfeit tickets or fraud.

Collect powerful event data: Payvent is said to collect valuable insights on participant behavior and onsite activities. According to the vendor, this data can help identify customer pain points and optimize event operations. The vendor also claims that Payvent enables data-driven decision-making for future event planning and improvements, providing detailed reports on transaction data and participant behavior.

Create safer events: The vendor states that Payvent's cashless payments and reduced queues enhance safety for guests and employees by enabling payment at a distance, reducing physical contact and potential transmission of germs. Eliminating the need for cash is said to reduce the risk of theft or loss, providing peace of mind through secure and reliable payment transactions.

Manage vendors with ease: Payvent is designed to equip vendors with the necessary tools and training to sell products or services at events. The vendor claims that Payvent provides transparent reports to organizers on vendor sales and performance, supporting both small-scale and large-scale events with any number of vendors. The vendor also states that Payvent streamlines vendor management processes for organizers.

Eliminate ticket fraud: According to the vendor, Payvent's technology includes real-time traffic data and frictionless crowd control to protect against ticket fraud and counterfeit ticket entry. The vendor claims that this technology can improve operational efficiencies by reducing the risk of unauthorized access, increase security, and ensure a seamless entry experience for attendees.