Ticombo, the international ticket marketplace, has announced a new partnership with Mangopay. Mangopay will manage Ticombo’s end-to-end payment flow from pay-in to payout as Ticombo works to provide a fair and transparent experience for its users worldwide.
Based in Berlin, Ticombo allows event organisers, resellers and consumers from around the world to sell or resell event tickets. Its mission is to change how fans experience buying tickets for live events.
Sellers can sign up for the marketplace by verifying their identity, setting a price, and promoting their tickets in order to sell them.
Using Mangopay’s wallet-based payment infrastructure, the ticket marketplace is set to launch a new payment service where users can store funds they receive from ticket sales and easily re-spend the money on other tickets available in the marketplace.
This is a similar process used with clothes selling app Vinted, another high profile partner of Mangopay
Atle Barlaup, Co-Founder and CEO of Ticombo, said: “The event experience starts at the point of the ticket purchase, which is why our mission since day one has been to put an end to unfair prices, fake tickets, unclear customer services, and unreliable sellers. We are totally committed to providing the ultimate fan experience, both through design and customer service. The payment process is no exception to this which is why we have chosen to partner with Mangopay, to offer the experience that our users deserve.”
Tristan Torres Velat, VP Global Sales at Mangopay, added: “Ticombo is committed to providing a transparent and trustworthy service for its users, and we are delighted to support them in ensuring that this same exceptional experience applies across the payment process. The opportunity for users to re-spend their ticket funds through our wallet technology promises an even easier way for users to buy within the platform, ultimately supporting the growth of the business around the world. Solving these types of specific needs of marketplaces and platforms is what we do best, and we look forward to an exciting partnership with Ticombo.”
