Everything event organizers need to know about ticket revenue, automated bank settlements, processing schedules, and transparent platform fees.
Proceeds settle straight into your Nigerian bank account. No holding wallets or manual withdrawal steps.
Settlement follows Paystack’s automated T+1 business day cycle directly to your linked account.
Free tickets and RSVPs cost nothing. Payout bank accounts are only needed when you sell paid tickets.
Gate Check partners with Paystack, Nigeria’s premier licensed payment gateway, to power ticket payments and organizer settlements. When you connect your bank account under Payout Settings, a dedicated Paystack Subaccount is linked to your organization.
When an attendee purchases a ticket via debit card, bank transfer, USSD, or mobile money, Paystack routes the net ticket proceeds directly into your designated Nigerian bank account.
Traditional ticketing platforms often trap your funds in an in-app “wallet,” forcing you to submit withdrawal requests, wait for approval, or pay extra withdrawal fees.
On Gate Check, there are no wallet balances or manual withdrawal requests. Payments are split automatically at the moment of checkout by Paystack:
Paystack processes settlements on a standard T+1 business day schedule:
Settled into your bank account on the next business day (typically by 9:00 AM – 12:00 PM).
Accumulated and deposited into your account on the following Monday morning (or the next non-holiday business day).
Gate Check maintains simple, transparent pricing so student bodies, faculties, and event organizers keep maximum proceeds:
| Event / Ticket Type | Platform Fee | What You Receive |
|---|---|---|
| Free Tickets & RSVP Passes | ₦0 (100% Free) | Full access, QR check-in & guest list |
| Paid Event Tickets | 5% standard platform charge | 95% net settlement direct to your bank |
* Standard payment processing fees from Paystack are absorbed transparently as part of transaction fulfillment.
You can link any verified Nigerian bank account. Gate Check dynamically supports all Central Bank of Nigeria (CBN)-licensed commercial banks and fintech operators, including:
All you need is your official account name, the bank selection, and your 10-digit NUBAN account number.
Your security is paramount. Gate Check does not store your banking login credentials or passwords. Account validation is handled server-side directly through Paystack’s NUBAN verification API.
Neither Gate Check nor third parties can initiate debit transactions from your bank account. The subaccount connection is strictly authorized for incoming settlements.
No. If your ticket types are free, attendees can RSVP and receive tickets immediately without any payout configuration required.
Yes. You can visit Payout Settings at any time, click “Change Account,” and provide updated bank details. Future ticket sales will immediately settle into the new account.
Each event dashboard displays real-time ticket sales revenue, registration records, and payment statuses. Settlement notifications are also delivered directly by your bank and Paystack.
Set up your settlement bank in under 60 seconds to start selling tickets.