Selling tickets on Ticketmaster can be a great way to make some extra money by getting rid of tickets you can no longer use. However, one thing sellers want to know is how long it will take to get paid after completing a sale on Ticketmaster.
In this article, we’ll provide a quick overview of how the Ticketmaster selling process works, including key steps like transferring tickets and processing payments. We’ll also provide details on the typical timelines for sellers to get paid after selling event tickets on Ticketmaster. Read on for more information!
Overview of the Ticketmaster Selling Process
Here is a quick rundown of what happens when you sell tickets on Ticketmaster:
- List tickets for sale – Use your Ticketmaster account to list event tickets you want to sell. You pick the tickets and set the price.
- Buyer purchases tickets – A buyer will purchase your listed tickets through Ticketmaster.
- Transfer tickets – You will need to electronically transfer your tickets to the buyer via Ticketmaster.
- Ticketmaster releases funds – Once the ticket transfer is confirmed, Ticketmaster will release the funds to you (minus any fees).
- Receive payment – You will receive payment directly to your chosen payment method on file.
So in summary, you list tickets, a buyer purchases them, you transfer the tickets, Ticketmaster releases the funds, and finally you get paid. But how long does that whole process take?
How Long Does it Take to Get Paid on Ticketmaster?
The timeline for getting paid after selling tickets on Ticketmaster can vary for a few reasons:
- Payment method – The payment method you have on file affects timing.
- Event date – The date/time of the event you sold tickets for impacts funds release.
- High volume times – Ticketmaster has high volume selling periods that can delay processing.
Let’s take a closer look at how each of these factors influences the time it takes to get paid:
Payment Method
The payment method you have on file with Ticketmaster makes a big difference in how quickly your funds will be available after a sale:
- Instant pay – PayPal or Debit card – If you are set up for instant pay to PayPal or a debit card, Ticketmaster says you will receive payment minutes after the ticket transfer is confirmed.
- Standard pay – Credit card – With standard pay to a credit card, allow 7-10 calendar days after the event for the funds to process to your account.
- Check – If receiving funds by check, Ticketmaster says to allow 4-6 weeks for check processing and delivery.
PayPal or debit card instant pay is definitely the quickest option with funds available just minutes after sale. Standard pay by credit card or check will take considerably longer.
Event Date
The date and time of the event for which you sold tickets is another factor in the payment timeline.
Here is how it works according to Ticketmaster:
- For events in the future, funds are released and payments processed after the event occurs and ticket transfers are confirmed.
- For events that already occurred in the past at the time of sale, payments are initiated right after the buyer completes the ticket transfer back to Ticketmaster.
So for events in the past you will get paid faster, typically within minutes or hours with instant pay. Upcoming events put funds on a hold until after the event date.
High Volume Selling Periods
During busy ticket selling periods, Ticketmaster does caution that payment timing may take a few days longer than normal to allow for extra processing time.
Some examples of high volume times include:
- When hot tickets first go on sale.
- For big events like playoffs and championships.
- Major holidays.
- Popular concert tours.
- Big festivals.
So factor in a potential few days delay in funds availability if you happened to sell tickets during one of Ticketmaster’s busy sales periods.
Typical Timeline Examples
To help summarize timing, here are some examples of typical timelines for getting paid after selling tickets based on event date, payment method, and volume:
Past Event, Instant Payment Method
If you sold tickets to a sporting event that already happened 2 days ago and you have instant pay set up with PayPal, the typical timeline would be:
- Buyer purchases ticket and transfers back to Ticketmaster – Day 1
- Funds available in your PayPal account – By Day 2
In this case with an instant payment method and a past event, you could expect to get paid within a day or so.
Upcoming Event, Standard Payment Method
If you sold tickets to an upcoming concert happening 2 months from now and you will receive standard payment to a credit card, the timeline would be:
- Buyer purchases tickets and transfers closer to event – Month 1
- Concert occurs – Month 2
- Funds appear in your credit card account – By Month 3
Here the credit card standard pay and future event date would mean waiting months to get paid.
High Volume Period, Instant Payment
If you sold hot tickets during a busy holiday sales period and have instant PayPal payment set up, the timeline may be:
- Buyer purchases high demand tickets – Month 1
- PayPal payment received – Month 1 (few days delay due to volume)
In this case, you still get the fastest payment with PayPal instant pay, but may encounter a short delay during the peak sales period.
Tips to Get Paid Faster
Here are some tips to help maximize the speed of getting paid when selling tickets on Ticketmaster:
- Set up instant pay with PayPal or a debit card – This ensures fastest payment within minutes or hours after sale.
- Transfer tickets back promptly – Quickly transferring tickets helps initiate the payout process sooner.
- Sell past events when possible – Selling tickets to events that already occurred results in faster payment.
- Avoid selling tickets during extremely high volume periods – High demand periods can sometimes result in slightly slower payments.
- Make sure your payment method is up to date – An expired or invalid payment method can delay receiving funds.
Following these tips will help ensure you get paid in the fastest timeframe possible when using Ticketmaster to sell tickets.
Getting Help with Ticketmaster Payments
If you have sold tickets on Ticketmaster but have not received payment when expected, here are some options to help resolve the issue:
- Check your payment method status in your account.
- Contact Ticketmaster Fan Support by phone or online chat – they can look into status.
- Review the event details – if it was for a future event your payment may still be pending.
- Check for any notifications in your email from Ticketmaster about the sale.
Being proactive about checking in with Ticketmaster for assistance is recommended if your payment is delayed or missing. This can help resolve problems and get the funds released to you more quickly.
The Bottom Line
Selling on Ticketmaster provides a convenient marketplace to exchange tickets for events you can’t attend, offering an opportunity to recoup some costs.
In general, the process moves pretty efficiently with event ticket sales. Payments are initiated promptly after sales depending on factors like:
- Event date (past vs future events)
- Payment method (instant vs standard)
- High volume sales periods
While getting paid is not always instant, following best practices can help maximize speed:
- Set up fast payment methods
- Transfer promptly
- Sell past events when possible
With a typical wait time ranging from just minutes for instant payment up to weeks or months for standard payments and future events, understanding the payment timeline details can help Ticketmaster sellers manage expectations and receive their payouts smoothly.
Frequently Asked Questions
How long does it take to get paid on Ticketmaster?
The timeline varies based on factors like your payment method, event date, and sales volume periods. With instant payments, funds may be available within minutes or hours. With standard payments, it generally takes 7-10 days or 4-6 weeks. Future event payments are held until after the event date.
What is the fastest way to get paid on Ticketmaster?
The fastest way is using instant pay to either a PayPal account or debit card. This allows payment to be initiated minutes after the ticket transfer is confirmed.
How do I set up instant pay on Ticketmaster?
In your Ticketmaster account, you can manage your payout options under the “Payout Methods” section. Here you can add and select PayPal or a debit card to be set up for instant transfer.
How long does Ticketmaster take to pay by check?
If receiving payout by check, allow 4-6 weeks for Ticketmaster to process and mail your check after an event takes place.
Why is my Ticketmaster payment delayed?
Common reasons for delayed payments include upcoming event date, high sales volume, invalid payment method, or pending ticket transfer. Check with Ticketmaster Fan Support if your payment is delayed beyond expected timelines.
