🇺🇸United States

Abandoned Registrations from Broken or Friction-heavy Payment Flows

4 verified sources

Definition

Events lose ticket revenue when payment gateways error out, redirect to external sites, or require too many steps, causing attendees to abandon checkout before paying. Industry providers describe frequent gateway errors, clunky third‑party redirections, and confusing fees that directly reduce completed registrations in event payment flows.

Key Findings

  • Financial Impact: ~3–10% of potential registration revenue ongoing (e.g., $30k–$100k per $1M in annual ticket sales), based on documented cart‑abandonment from payment friction in event registration articles extrapolated to paid events.
  • Frequency: Daily during active registration periods
  • Root Cause: Disconnected or poorly integrated payment processors, excessive form fields, redirects to third‑party sites that reduce trust, and frequent gateway errors that stop transactions mid‑flow.

Why This Matters

This pain point represents a significant opportunity for B2B solutions targeting Events Services.

Affected Stakeholders

Event director, Registration/box‑office manager, Finance/treasury, Marketing and growth, IT / event tech manager

Deep Analysis (Premium)

Financial Impact

$1,000–$2,000 in labor (Manager spends 1–2 hrs/week on survey + analysis); lost registrations due to unaddressed friction $1,500–$3,000 • $1,000–$3,000 in labor (Coordinator spends 2–3 hrs/week for 2–3 weeks) • $1,000–$5,000 per milestone event (3–10% of $33K–$167K typical personal event revenue)

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Current Workarounds

Accounts Manager manually consolidates payment data from multiple sources into Excel, cross-references with registration list, sends individual payment status emails • Accounts Manager manually cross-references registrations against bank deposits in Excel, issues manual invoices/refunds, follows up on payment mismatches via email • Accounts Manager manually follows up with agencies via email, tracks POs in Excel, reconciles against invoices

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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