Vancouver-based ticketing platform Picatic announced yesterday that they’re skipping the industry standard transaction based model of pay per ticket service fees and giving full control to event organizers and allowing them to choose what they want to pay.
Picatic’s FairPay paves the way for organizers to host successful events by partnering and investing in each and every event. There are no application fees, no setup fees, no base fees, no transaction fees and no service fees.
The Picatic platform seamlessly integrates credit card fees but does not profit off any of these incurred charges.
With Fairpay event organizers will pay what they want after Picatic has provided them with valuable ticketing services.
CEO, Jayesh Parmar said, “The world is tired of being nickled and dimed with service fees! Our aim is to partner with organizers to create successful events that the world will love to attend. By investing in organizers, we are completely confident that they will take care of us.”
Along with offering FairPay to crowdfunding clients; Picatic is offering this feature to regular ticketed events in addition to launching a new API, new interface, new interactive event creator and many other great new features.