Important For Online Merchants – Ticketmaster Sells Tickets On Facebook

Jun 06, 2016

It is possible to buy things on Facebook and also obtain concert tickets on the site. Ticket retailers are given an opportunity to sell admission to live music and other events via Facebook and mobile app. Making tickets to events available on the social networking site is a pretty good for both Facebook and companies offering tickets.

Buying Tickets on Facebook

Ticketmaster Entertainment, Inc. is among the first companies to coordinate purchases from Facebook. Ticketmaster is an American ticket sales and distribution company based in West Hollywood, California. The company operates in many countries all over the world.

You can also see Facebook users RSVP to events. This is quite convenient for users as they can learn about an upcoming event or show when one of their Facebook friends RSVPs to it. Moreover, this way, users stay on Facebook longer rather than having to choose another option to complete the transaction. Naturally, Ticketmaster and other companies in the field believe their sales will soon grow successfully.

Merchants running an online business are well aware of problems concerning payment transaction fraud and chargebacks. Turning to a reputable payment processor like emerchantbroker.com, you will be able to secure your business from fraud. EMB, # 1 high-risk merchant account provider in the US, provides unique Chargeback Protection for companies.

How Does the process Work?

According to BuzzFeed, an Internet media company based in New York, “a standard affiliate fee” per purchase is to be collected by Facebook. No extra money will be paid to make a purchase on the social channel, but you should claim any tickets purchased from the Ticketmaster after the initial transaction.

Facebook made some clarification concerning the affiliate fee: this isn’t going to impact customers at all. There won’t be charged any added fees just for buying a ticket via Facebook. As Facebook mentions, it is great to help partners like Ticketmaster sell more tickets via the site and enable people to enjoy easier and faster ticket purchasing.

In the beginning, users can select only a limited number of general admission events. Later, users can expect to select an unlimited number of concert tickets.

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Having a merchant account allows an account holder to take advantage of merchant cash advances. When a merchant is approved for an advance, the business agrees to receive a lump sum of cash in exchange for an agreed-upon percentage of future credit card sales.

Pricing varies depending on the merchant’s industry, past credit card processing history, the type of business seeking the account, average ticket sales, and average transaction volumes.

Yes, EMB works with merchants who are building their credit, as well as those who have poor credit. EMB also approves merchants that have no credit card processing history and businesses that have lost their merchant accounts due to high chargebacks.

Several factors influence a merchant’s risk level. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant exclusively sells online.

Virtual terminals are stationed on a merchant’s website, making it easy for customers to make a payment or purchase online. Merchants or a payment processor can easily set up virtual terminals, so online businesses can accept credit and debit card and e-check transactions.

A merchant account is a business account with an acquiring bank. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. Businesses need a merchant account to accept major credit cards via a static point-of-sale terminal, mobile card reader, or through a virtual payment gateway.

After filling out EMB’s simple online application and submitting any necessary, requested documents, many merchants get approved within 24 and 48 hours.

EMB specializes in working with high-risk merchants. EMB works with many merchants, including but not limited to businesses in these industries: gambling and gaming, adult entertainment, nutraceuticals, vaping and e-cigarettes, electronics, tech support, travel, high-end furniture, weight loss programs, calling cards, e-books and software, and telecommunications.

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