Payments platform Mangopay will manage ticket marketplace Ticombo’s end-to-end payment flow to streamline the ticket buying process.
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 re-spend the money on other tickets available in the marketplace.
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.”
The Ticombo partnership comes after Mangopay announced Mark Fleming as its new Chief Commercial Officer in June, who has overseen the company’s international expansion with new client partnerships.
The payment infrastructure company also inked a global partnership with ManoMano to help strengthen the payment capabilities of its clients in new markets and scale global commerce solutions.
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.”
