Buy now, pay later (BNPL) services have become increasingly popular payment options, allowing consumers to split up payments for purchases into multiple installments over time. This gives customers more flexibility and ability to purchase bigger ticket items that they may not be able to pay for upfront. Many major retailers now offer BNPL payment plans through partnerships with companies like Afterpay, Klarna, Affirm, and others. This has left some customers wondering: can you use BNPL plans on Ticketmaster?
The short answer is yes, Ticketmaster does offer buy now, pay later payment options on event tickets and other purchases made through their platform. They have partnered with certain BNPL providers like Afterpay and Sezzle to allow customers to split up Ticketmaster payments. However, there are some specific details, limitations, and instructions customers should know about utilizing BNPL on Ticketmaster which this article will fully break down.
Ticketmaster’s Buy Now, Pay Later Options
As one of the largest ticket sales and distribution companies, Ticketmaster provides customers the ability to use BNPL when purchasing tickets for concerts, sports events, theater shows, and more. However, they do not directly provide their own in-house BNPL plans. Instead, Ticketmaster partners with third-party BNPL companies to facilitate these payment options for customers on their platform.
The BNPL providers that Ticketmaster currently works with include:
- Afterpay
- Sezzle
So when checking out Ticketmaster purchases online or in their mobile app, customers may see the options to pay with Afterpay or Sezzle at checkout if eligible. Ticketmaster plans to expand BNPL options more broadly in the future.
Afterpay
Afterpay is arguably the most popular BNPL provider that Ticketmaster has integrated with. It allows customers to split Ticketmaster purchases into four equal installment payments over six weeks. The first payment is due at the time of purchase, and the remaining three payments are charged every two weeks thereafter.
With Afterpay at Ticketmaster there are no upfront deposits, interest, fees or credit checks required for purchases from $50-$1,000. Customers simply need an existing debit or credit card to link to the account for installment payments. Afterpay also has flexible rescheduling options for those that may need to adjust payment dates.
Sezzle
Sezzle functions similarly, letting Ticketmaster customers split payments across four interest-free installments that are due every two weeks. Purchase amounts range from $50-$1,000 with no credit checks or fees. Sezzle requires a debit card or bank account for users to connect for payments.
One difference with Sezzle is it allows customers to split payments over a longer 10-week period compared to Afterpay’s 6-week installments if needed.
When Can You Use BNPL on Ticketmaster?
While Ticketmaster does provide Afterpay and Sezzle as BNPL options, they are not available universally across all purchases on Ticketmaster. There are certain limitations and criteria purchases must meet to qualify for BNPL payment plans:
- BNPL can only be used on eligible Ticketmaster event tickets, concert tickets, and other select live entertainment events sold directly through Ticketmaster’s website or mobile app.
- Purchases must be between $50-$1,000 to qualify. BNPL cannot be used on Ticketmaster for amounts outside this range.
- Customers can only use Ticketmaster BNPL options if they have a Ticketmaster online account and are logged in during checkout. Guest checkouts are not eligible.
- BNPL at Ticketmaster is only available for customers with shipping addresses and credit/debit cards issued in the United States.
- If part of an order is ineligible for BNPL, customers cannot use installment plans on any portion of that order.
So while convenient, keep these criteria in mind when determining if a Ticketmaster purchase will allow BNPL as a payment method during checkout. Eligible events will display BNPL options clearly when logged into an account.
The Benefits of Using BNPL for Ticketmaster Purchases
Utilizing buy now, pay later installment plans for Ticketmaster offers some great benefits that make large ticket purchases more budget-friendly:
- Avoid interest and fees – Afterpay and Sezzle both offer 0% interest and have no hidden or late fees which helps reduce costs.
- Improved budgeting – Breaking up payments into 4-6 smaller installments lets customers better budget for large ticket purchases.
- More flexible payment options – BNPL allows you to secure tickets immediately and pay later as needed vs all upfront.
- Build credit history – On-time BNPL payments are reported to credit bureaus to help build credit scores.
- Simple qualifications – No credit checks or deposits are required to qualify for Ticketmaster BNPL plans.
These advantages allow concert fans and live event attendees to purchase the tickets they want now while maintaining financial flexibility, reducing risk, improving budgeting, and building their credit profile over time.
How to Check Out with BNPL on Ticketmaster
If you find an eligible event and want to utilize Ticketmaster’s buy now, pay later financing, follow these steps to check out:
- Add desired tickets to your cart and proceed to checkout, logged into your Ticketmaster account.
- Select Afterpay or Sezzle as the payment option if displayed.
- Link an existing debit/credit card to be used for the installment payments.
- Provide contact information and confirm the BNPL loan terms.
- Complete identity verification if prompted.
- Review and submit the order.
The first 25% payment will be immediately processed to your linked payment method. You’ll then receive a payment schedule for the remaining 3 installments due every 2 weeks depending on the BNPL provider used.
Make sure to closely review the loan details and terms before completing checkout so you understand the installment amounts, dates, and payment methods.
Tips for Using BNPL on Ticketmaster
When using Ticketmaster’s buy now, pay later installment loans, keep these tips in mind for a smooth checkout process:
- Double check you’re purchasing an eligible event and order amount in the $50-$1,000 range when logged into a Ticketmaster account.
- Have an existing debit/credit card ready to complete identity verification and link for payments.
- Select a BNPL provider and carefully review all repayment details before confirming the loan.
- Make sure your billing address and contact information is up-to-date in your Ticketmaster account.
- Set reminders for upcoming installment due dates to avoid any late fees.
- Contact Ticketmaster or the BNPL provider immediately if you need to reschedule a payment date.
Closely following these steps and tips will lead to a smooth BNPL checkout and repayment process when financing tickets and purchases on Ticketmaster.
The Drawbacks of BNPL on Ticketmaster
Despite the conveniences, there are also some potential drawbacks of using buy now, pay later that customers should be aware of when considering it for Ticketmaster:
- Missed payments can lead to added fees, penalties or credit damage depending on the BNPL lender used.
- BNPL only spreads out payments and still requires budgeting to pay off the full amount over time.
- Interest is added if BNPL loan terms are not paid in full by the end date.
- Customers take on additional loans/debt obligations that build up over time.
- Loans may initially only undergo soft credit checks but full checks are run for larger loans.
- Rescheduling installment payment dates often involves fees.
Essentially, BNPL plans through Ticketmaster do not eliminate the full cost of the tickets which still needs to be budgeted for – they only spread it out over time. Missed payments or going beyond the loan term can result in added financial consequences as well. Customers should keep this mind and properly weigh the risks before utilizing BNPL financing.
Afterpay vs Sezzle for Ticketmaster Purchases
When considering which buy now, pay later provider to use for Ticketmaster, there are some key differences between Afterpay and Sezzle to compare:
| Factor | Afterpay | Sezzle |
|---|---|---|
| Installment Structure | 4 payments over 6 weeks | 4 payments over 10 weeks |
| Minimum Purchase | $50 | $50 |
| Maximum Purchase | $1,000 | $1,000 |
| Fees | No interest or hidden fees | No interest or hidden fees |
| Qualifications | Soft credit check only | Soft credit check only |
| Accepted Payments | Debit/credit cards | Debit cards/bank accounts |
The installment structures, loan amounts, interest policies, and qualifications are nearly identical between Afterpay and Sezzle on Ticketmaster. The only notable differences are that Sezzle offers a longer 10-week repayment term compared to Afterpay’s 6 weeks, and Sezzle can use bank accounts for payments while Afterpay is limited to debit/credit cards.
Conclusion
In summary, Ticketmaster does provide buy now, pay later financing options in partnership with Afterpay and Sezzle to help split up costs for ticket purchases. While BNPL loans can offer more flexible payments, customers should weigh the risks and ensure they budget properly to repay the full amounts over time. Closely evaluating repayment terms, reading all policies, setting reminders, and understanding qualifications will ensure buyers safely utilize BNPL plans through Ticketmaster.