Accepting Payments
Background
Starting in Fall 2020, we can now offer tournament directors the option of collecting fee payments by schools directly on ForensicsTournament.net via Credit Card. This feature can help streamline fee collection, especially with online tournaments. It can also ensure fees are paid before tournaments.
Schools paying their tournament fees with ForensicsTournament.net are charged a 4.5% process surcharge. This is to cover the costs with processing credit card payments. So if School A owes $100 for the tournament, they will be charged $104.50 with $100 going towards the tournament and $4.50 going towards ForensicsTournament.net to cover costs.
Tournament directors collecting fee payments through ForensicsTournament.net are also charged a 4.5% payout surcharge. This is, as well, to cover the costs with processing payments via check. So if your tournament collects $1000 in fees via this new method, we will distribute $955 after taking out the $45 in fees.
We will also deduct the cost of hosting the tournament from this amount to streamline paying the invoice.