PayPal has been named as the preferred payments partner of Ticketmaster in a multi-year deal.
Fans purchasing tickets will be able to pay with PayPal and PayPal Pay Later across Ticketmaster’s platform. PayPal Braintree will also become Ticketmaster’s primary global payment processor.
Patrons are protected and supported through Buyer Protection and advanced fraud detection technology to help keep payments safe.
Fans can also benefit from the option to use one-time login, where they can also opt to save information for future purchases. Users will have access to payment options such as PayPal Checkout and PayPal Pay Later across a total of 21 different countries.
Mark Yovich, president of Ticketmaster, said: “Our goal is to seamlessly connect artists and event organisers 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.
“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.”
Peggy Alford, executive vice-president of global sales at PayPal, added: “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.
“Our 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, demonstrating the value the PayPal brand brings to this partnership. This expanded engagement between PayPal and Ticketmaster will give fans the ability to check out in as little as seconds with flexible payment options they know and trust.”