Event Settlement & Revenue Splits: Platform Fees, Charity & Payouts
How registration revenue settles: Stripe card processing, the platform fee split, optional charity deductions, and organizer payouts.
When an event collects entry fees online, Picklemix automates settlement calculations, processing fee deductions, charity contributions, and net organizer disbursements through Stripe Connect.
The 4-Step Settlement Hierarchy
When an event reaches completion, EventSettlementService processes gross revenue in a strict four-tier order:
- Charity Contribution (Optional): If configured, the designated charity percentage is deducted directly from pre-tax gross receipts.
- Platform Margin: Picklemix charges twice the Stripe fee (Stripe's processing cost plus an equal platform margin) for automated tournament hosting.
- Messaging Costs: Automated SMS and WhatsApp notification delivery expenses are deducted at cost.
- Organizer Net Payout: The remaining net revenue transfers directly to the organizer's connected Stripe account or wallet balance.
The 5-Day Finalization Window
To accommodate score corrections and refund requests, automatic settlement runs on a 5-day grace period post-event. Admins can trigger immediate manual settlement via the event management dashboard once all scores are verified.