On most of Eventsquid's sports and hobby sites (ArcheryEvents.com, Fitsquid.com, RCFlightDeck.com, RCCarEvents.com, PageantSquid.com, ShotSquid.com), we require a credit card on file to process fees once your event is complete.
We use the invoice method so you, as the event host, do not have to pay before your event based on guess of how many will register.
Placing your Card On File with Eventsquid is safe; Eventsquid does NOT store card details. Eventsquid uses a secure service provided by Stripe, a company specializing on secure credit card transactions.
When you place your "Card On File” with Eventsquid, what occurs is the following:
1) Stripe securely collects your credit card information
2) Stripe creates a unique token, for later use, that allows Eventsquid (and only Eventsquid) to charge that card;
3) Stripe provides Eventsquid with the the last 4 digits, and the expiration, of the CC so you can see what card you have on file;
When it comes time to process an invoice, the unique token in combination Eventsquid's (and only Eventsquid's) account credentials to authorize invoice payments against the card.