Step 3 is where you switch on automated services for your participants. The six available are:
Speedy Checkout
Send Abandoned Cart Reminders
Automated Transfers/Deferrals
Booking Protection
Instalments
Automated Refunds
Each has its own article explaining how it works and what parameters you can set.
All six are optional. It is worth using as many as suit your event, since they save you time, bring in more participants and generate additional revenue.
The one thing you must complete
Refund Policy is the only mandatory field in this step. You can either paste your full policy into the field or add a link to it, whichever is easier.