Fans can Buy Now Pay Later on tickets to concerts and events from Moshtix powered by Latitude
Latitude Financial and Moshtix are announcing a new partnership making LatitudePay the exclusive buy now pay later (BNPL) provider for thousands of live music and entertainment events across Australia and New Zealand.
Moshtix customers can now pay for their tickets over 10 weekly instalments, with no interest, by selecting LatitudePay when available at checkout in Australia and Genoapay in New Zealand.
Moshtix is Australasia’s leading General Admission ticketing provider, specialising in live music and entertainment events. Working with some of Australia and New Zealand’s most iconic festivals and live music venues, Moshtix also provides ticketing and marketing services to the dance music, comedy, cinema, arts & culture and entertainment sectors.
“We’re incredibly excited to be working with Moshtix as their sole BNPL provider for Australia and New Zealand,” Latitude’s Chief Commercial Officer Paul Varro said.
“There’s a lot of synergy between our brands and our customers, and as live events begin to return in 2021, music lovers, festival fans and event goers will have even greater flexibility to purchase their tickets using LatitudePay through Moshtix.”
Moshtix Managing Director, Harley Evans, said of the partnership, “We see LatitudePay offering huge benefit to all our event partners and their fans in Australia, providing an option for fans to purchase tickets instantly, and pay them off in 10 weekly payments.
“Moshtix’s mission has always been to remove the barriers between the fan and the artist and to ‘make live easy’, and we really believe this partnership will deliver that, giving fans the flexibility to purchase more tickets, and helping event organisers welcome fans through their doors. We have had LatitudePay available for a few weeks and already we are seeing up to 40% increase in basket size where fans are using LatitudePay to purchase concert tickets. We are excited to see what impact this new offering will have for hot ticket items such as Fresh Produce – a brand new regional concert from the team behind Groovin the Moo which went on sale last week.”
Creating a LatitudePay account at www.latitudepay.com takes just 90 seconds and customers can get approval for spending amounts under $1000. Every application undergoes a credit and ID check.
Latitude is Australia’s leading provider of interest free shopping and consumer finance, with more than 2.7 million customer accounts across Australia and New Zealand.
INTRODUCING LATITUDEPAY & GENOAPAY
What are the benefits?
Moshtix clients have seen up to 16% total ticket sales via LatitudePay/Genoapay in their sales volume. Some events have seen an average basket size increase of up to 40%.
Easy payment structure for fans
Allows fans to break down their payment into 10 weekly payments (i.e the initial payment of 10% upon purchase plus 9 additional).
Last min ticket sales? No worries!
Fans can finance their purchase right up to the event - even the day of! So no need to worry about long lead times if you are keen to promote this payment option.
Risk free payment plans
LatitudePay/Genoapay take the risk on for consumers not completing payment plans. So once tickets are purchased they are processed as a ticket sold immediately.
