An event-specific payments solution.
Efficient payment processing isn't just a convenience—it's essential.
Say goodbye to chasing down client payments and hello to a seamless payment experience with the only payment platform built for event professionals. With LASSO Payments, you can send payment requests to your customers, track finances, and get paid faster than before.
Key Features
ACH, Credit, and Debit Card Payments
Comprehensive Reporting Dashboard
Connect Payments to Quotes and Invoices
Process Refunds and Disputes when necessary
Why LASSO?
All-in-one Platform: Request payments in the same place you do the rest of your workflow and track their status across all your events in a single dashboard—saving you time and money.
Secure, Trusted Provider: With our payment solution, we’ve put security checks in place for large payments upfront and are always checking for fraud—while ensuring your payments get processed fast.
Cost Savings: Save money and enjoy lower costs that better align with your business values compared to other payment solutions, saving both your company and your customers money.
Unified Reporting: Access comprehensive, unified reporting for all payment types alongside your business management tools to get a full view of your payment status.
Financial Details
TRANSACTION FEES | PAYOUT SCHEDULE |
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Onboarding Process
Required onboarding documents for faster and secure payments.
Required Onboarding Documents
BUSINESS INFO | OWNERS 25% or more business ownership | ONE REPRESENTATIVE | BANK ACCOUNT to receive payouts, US banks only |
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If Owner, can add up to 3 more Owners If Executive, can add up to 4 Owners
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Additional Documentation
Depending on the volume of payments you anticipate processing, the following financial documents may also be required:
Bank Statements: 3-6 months of recent bank statements
Bank statements allow us to assess deposit and balance trends.
Processing Statements: 3-12 months of processing statements from your previous merchant account provider.
This allows us to assess transaction volume and count as well as refund and chargeback trends.
Financial Statements: The most recent 2 years and year-to-date financial statements may be required including: Balance Sheet, Income Statement, Deferred Revenue Report, and Cash Flow Statement.
These statements allow us to assess your financial condition and determine if the financial wherewithal is aligned with the credit risk you may generate.
Frequently Asked Questions:
What is a Financial Representative?
Typically this is the owner(s) of a for profit business. For non-profit organizations, this is typically a board member such as a president, secretary, treasurer, etc. who is responsible for or oversees the finances of the organization.
Why can’t a PO Box be used for the address?
We need a physical address to ensure the organization/business is located and performing business within the United States.
Why does the Financial Representative need to provide a full SSN and date of birth?
This information is required for a federal OFAC check. The Office of Foreign Assets Control (OFAC) maintains watch lists to prevent money laundering, fraud, and terrorist financing. If the financial representative appears on one of these lists, underwriting will fail, and payments cannot be processed. Providing this information helps mitigate the risk of fraudulent activity and ensures compliance with federal regulations.
Do you perform a credit check with the SSN?
No, it is only used for the OFAC background checks.
Can personal information be safely provided and stored with LASSO Payments?
Yes, our embedded finance partner JustiFi, is PCI-DSS and SOC 2 compliant. This means that they follow the highest standards for the payment card industry for keeping card data safe and cyber security compliance to ensure all of your data is stored securely.
How long does it take to process my onboarding application?
Onboarding typically takes 1-2 business days if all required documents are submitted correctly. If additional information is needed, the timeline will depend on how quickly you provide the requested documentation.
Click Here to View or Download the LASSO Payments One Pager
