Global event ticketing platform Eventbrite is taking the first steps towards allowing organisers to accept contactless payments at the door on standard NFC devices via the company’s Organizer app, “letting attendees breeze through ticket and event purchases with a simple tap on their phone.” Eventbrite was used by five million events in 180 countries, including Romania, to issue 284m tickets during 2022.
Eventbrite announced the introduction of two new features, Instant Payouts and Tap to Pay, aimed at providing event organizers with enhanced financial flexibility and operational efficiency. „These features are currently rolling out to eligible organizers in the US and are expected to be fully available nationwide in the next few weeks, with global availability slated by the end of the year.” according to the press release.
“These new tools are a game-changer for event organizers. Beyond simplifying payments, they open up a world of financial flexibility, putting organizers in the driver’s seat and streamlining event management. Plus, as digital wallets and credit cards continue to gain popularity, Tap to Pay transforms the event experience, letting attendees breeze through ticket and event purchases with a simple tap on their phone.” said Ted Dworkin – Chief Product Officer at Eventbrite.
Putting on an event is pricey–from venues to vendors, expenses accumulate well in advance of the event date. A recent Eventbrite survey revealed that 72% of event organizers cover these costs upfront, leading to cash flow challenges.
„Eventbrite is taking the lead in solving this crucial issue as one of the first in the industry to offer Instant Payouts. This dashboard feature, seamlessly integrated with Stripe, enables organizers to withdraw funds from ticket sales before the event, with deposits arriving within minutes, for a small fee. Instant Payouts provides organizers with unparalleled control over their finances, empowering them to plan even better events with earlier access to sales proceeds.” the company explained.
In response to the dynamic shifts in event payments, Eventbrite is launching Tap to Pay, seamlessly integrated with the Eventbrite Organizer app.
„This innovative feature, included for all users at no cost, allows event organizers to effortlessly accept cashless payments, both at the door and beyond, without any additional costs. Enabling contactless payments directly on their mobile devices not only eliminates the need for dedicated payments hardware, but also opens the door to substantial revenue growth.” said the company.
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Eventbrite is a global self-service ticketing platform for live experiences that allows anyone to create, share, find and attend events that fuel their passions and enrich their lives. From music festivals, marathons, conferences, community rallies, and fundraisers, to gaming competitions and air guitar contests.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
