Event Ticketing Platform Picatic Now Lets Event Organizers Pay What They Want

Posted by Rob Lewis

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.

SEE ALSO: Picatic Chooses Vancouver over Toronto, New York City, and Silicon Valley

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.

Picatic is an Extreme Startups graduate and are currently hiring a Software Engineer in Vancouver.

Company:
Extreme Startups
Website:
http://www.extremestartups.com
Location:
Toronto, Ontario, Canada

Extreme Startups is a venture backed startup accelerator that supercharges founder development, optimizes product-market fit and graduates fundable companies. Our evolved programs provide an unrivaled combination of seed capital (up to $250K), digital product leadership education and access to a global pool of mentors. Investors and financial partners include Business Development Bank of Canada (BDC), Relay... more

Company:
Picatic
Website:
http://www.picatic.com
Location:
Vancouver, British Columbia, Canada

Picatic is a crowd-funding platform for the event ticketing and management space. Picatic guarantees successful events by completely eliminating risk for event organizers. Ticket buyers are given an opportunity to make their favorite events happen by pledging funding toward an event's ‘tilt target’. A pledge entitles the buyer to a discounted ticket, if the event meets it's tilt target before the posted deadline.... more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more



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