Legacy CPS vs. Cvent Payments Comparison
| Feature | Legacy CPS | Cvent Payments |
|---|
| Payouts | Monthly | Weekly |
| Onboarding | Cvent survey | Self-onboarding in-App |
| Merchant Account Management | Managed by Cvent | Self-managed in-App |
| Payouts & Fees Reporting | Multiple reports in-app and/or provided by Cvent for Taxes, Reserves, Event Revenue, Payouts | 4-in-1 consolidated reporting |
| Reserves (where applicable) | Managed by Cvent | Automated as part of weekly payout cycle |
| Taxes (where applicable) | Applied via separate invoice | Automated as part of weekly payout cycle |
| Refund Balance | Managed by Cvent | Automated as part of daily transaction processing (Updated twice daily) |
| Event Registration Currency | 130+ supported by Cvent | 130+ supported by Cvent |
| Payout Currency | 6 Currencies: USD, GBP, AUD, SGD, EUR, CAD | 6 Currencies: USD, GBP, AUD, SGD, EUR, CAD |
| Express Payments | - | Apple Pay and Google Pay |
| Onsite Payments | - | OnArrival payment reader |