TicketSwap shares resale profits with promoters
The FairShare feature divides profits from ticket sales equally between the seller and the organiser of the event
News By Lisa Henderson | 25 April 2023
TicketSwap has introduced a new feature that divides profits from secondary ticket sales equally between the seller and the organiser of the event.
The FairShare feature also helps to discourage ticket dealers (who resell tickets for profit) as the profit margin for them is decreased, according to the ‘ethical resale platform’.
“The event industry, as well as fans, face challenges,” said Hans Ober, CEO at TicketSwap. “For example organisers’ profit margins are also coming under increasing pressure, and for fans,…
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