How Does Ticketmaster Pay You? Explained!

So, you’ve just made a sale on Ticketmaster, and now you’re wondering how Ticketmaster pays you. Well, you’re in luck! In this blog post, we’ll be discussing the payment process of Ticketmaster, from how they collect payment to how they payout to promoters and event organizers.

Collecting Payment

Ticketmaster collects payment for ticket purchases through their website, mobile app and affiliated websites. They accept various payment methods such as major credit cards like Mastercard, Visa, American Express, and Discover credit cards, as well as PayPal.

Once a customer has made a purchase, Ticketmaster charges their payment method and sends the payment to the event organizer or promoter, minus fees for their services.

Ticketmaster Fees

Ticketmaster charges fees for their services such as processing fees, service fees, and other fees incurred during the purchasing process. The fees are based on the total price of the tickets and can range from a few dollars to a significant percentage of the ticket price. Event organizers and promoters are responsible for setting the ticket price that includes the fees charged by Ticketmaster.

Ticketmaster sends payment to the event organizers or promoters typically within 10-15 working days after the end of the event. The payment sent to the organizer or promoter is the total amount of money collected, minus fees charged by Ticketmaster.

Direct Deposit

Ticketmaster offers direct deposit as a method of payment to event organizers and promoters. This method is an electronic transfer of funds directly into the bank account of the organizer or promoter. This option is fast and secure, a popular option for those who are looking for a quick and smooth payment process

Check Payment

Another payment option that is available is payment via check. This method is a more traditional method of payment, and can take several days to be delivered. This option can be cumbersome due to the time taken for delivery via mail and also the need for manual processing when deposited into the account.

Conclusion

Ticketmaster has made it easy for event organizers and promoters to collect payment for their events, with a variety of payment options available like major credit cards and PayPal. They charge processing, service and other fees that are based on the total price of tickets, and payments are passed onto event organizers and promotors, usually within 10 to 15 days after the event, in either direct deposit or by check. Overall, the payment process is straightforward and easy to navigate for everyone involved.

So that’s how Ticketmaster pays you for your sales! We hope that you found this post informative and useful. For more information on Ticketmaster, visit Ticketmaster’s website.