Photo Credit: PayPal
Live Nation has partnered with PayPal to integrate new payment options into the Ticketmaster payment stack.
As part of this new partnership, fans will be able to pay with PayPal, PayPal Pay Later, and Venmo across the Ticketmaster platform. Additionally, PayPal Braintree will become Ticketmaster’s primary global payment processor. Part of the PayPal integration also includes the option to use one-time login, so fans can save information for future purchases.
The new Ticketmaster payment options from PayPal include:
- PayPal Checkout | Use payment methods on file with PayPal, including credit, debit, PayPal balance, bank withdrawal, and more.
- PayPal Pay Later | Fans can pay for purchases evenly over the course of weeks or months in fixed amounts. Helps manage the budget while still supporting their favorite artists & teams.
- Venmo | Ticketmaster fans in the U.S. can split their payments upon purchase in the social app through Venmo checkout.
“Our goal is to seamlessly connect artists and event organizers with fans wherever they are in the world, and PayPal helps us take that to the next level with a truly global-reaching payments solution,” adds Mark Yovich, President of Ticketmaster. “This partnership gives fans continuity and confidence that they have a secure, trusted, and accessible payment method wherever in the world they happen to be attending an event.”
“PayPal’s scale and ability to provide payments options in global markets comes from the company’s experience over several decades and has resulted in a strong reputation among consumers as a trusted payment method,” says Peggy Alford, EVP of Global Sales, PayPal. “Your data shows that consumers are nearly three times more likely to finish buying a ticket to a live entertainment event when they see PayPal as a checkout option.”
The partnership also includes an expanded global marketing program to drive broad engagement and fan loyalty through experiences and offers. For major festivals like Bonnaroo, BottleRock, and Lollapalooza, a limited number of fans using PayPal & Venmo will be rewarded with ticket discounts and Cashless credits to help them make the most of the live events they love.”