Give your ticket-buyers more ways to pay with ticket tailor and PayPal pay later

Give your ticket-buyers the power to buy now, pay later at no extra cost to you thanks to PayPal.

The rising popularity of buy now pay later options

Buy Now Pay Later installment programs are becoming increasingly popular. Promoting buy now, pay later messaging on your site at key points of the shopping journey can help boost average order value (AOV)⁵ and encourage customers to buy more⁶ — and more often.⁷ 

In fact, 1 in 4 online shoppers in the UK² already use buy now, pay later (BNPL). And it’s a particularly common online payment method for millennials and Gen Z.

So why not allow your ticket-buyers to split up payments? Simply set up PayPal Pay Later in your Ticket Tailor account, and your ticket-buyers will be able to make installment payments on small and large value purchases.

5 reasons why you should be offering ‘buy now, pay later’ at checkout.

1. PayPal offers Pay Later at no extra cost to you. It’s a win-win!
2. Cash flow isn’t affected, as you’re still paid upfront, while your ticket-buyers spread the cost over a number of payments.
3. By giving your audience more payment flexibility and allowing them to split large payments into smaller chunks, your event ticket prices become more manageable to a wider range of people. 
4. Grow loyalty – 63% of customers are more likely to buy from you again if you offer Pay Later options³ – which is great if you plan to run multiple events. 
5. PayPal Pay Later can be easy to promote on your website and at check out, as it’s a brand your customers already know and trust.⁸

Simple for you: How to set up PayPal Pay Later with Ticket Tailor.

Login to your Ticket Tailor account and get started in a couple of clicks.

1. Go to ‘Settings’, then ‘Payment systems’. 
2. Under ‘Online payments’ you should see your linked PayPal account. Click on the three-dot menu to open PayPal settings.
3. Tick the box that says ‘Pay Later’ and click ‘Save’.

That’s it! PayPal is now set up for your customers to pay in installments. If you're eligible to accept 'Pay Later' payments⁴, this will be automatically enabled when you connect PayPal to Ticket Tailor.

Simple for them: how your ticket-buyers can split the cost of their ticket

Ticket-buyers can stay in control of their budgeting with PayPal Pay Later, enjoying the power to split their purchases into a number of payments. 

1. They check-out with PayPal 
2. Choose ‘Pay Later’ and complete their purchase
3. And pay over time. 

More ways to pay: Introducing Venmo for US-based PayPal users

If your PayPal account is US-based you’ll also now be able to offer Venmo as part of your Ticket Tailor checkout (at no additional cost), allowing your ticket-buyers to easily share the cost of tickets with friends and family.

Similar to PayPal, Venmo users speed through checkout since payment details are automatically and securely saved in the app.  And speedy checkout can lead to higher conversion rates for event creators like you. 

Setting up Venmo with Ticket Tailor is the same three steps as PayPal Pay Later. Simply tick the ‘Venmo’ box at step three. And, just like Pay Later, there’s no-additional cost to add it to your site.

What fees are incurred with PayPal?

It’s free to add PayPal Pay Later and Venmo to your site.  PayPal will charge a per transaction fee.  Fees are subject to change.  Head to our help article to see the price based on your location.

¹Online study commissioned by PayPal and conducted by RFI Consulting in November and December 2020, involving 2,000 UK consumers. 

²Buy Now, Pay Later in the UK, Bain & Company, Inc

³TRC, Commissioned by PayPal, April 2021. TRC conducted 20 minutes online survey amongst 1,000 UK consumers ages 18+.

⁴PayPal Pay Later eligibility and availability is subject to merchant status, sector and integration. Consumer eligibility is subject to status, location and approval. Product features differ by market. Please check the specifics depending on your location here, or double-check your PayPal account to see if you’re eligible. 

⁵PayPal's Buy Now, Pay Later is boosting merchant's conversion rates and increasing cart sizes by 39%. PayPal Q2 Earnings-2021.

⁶80% of BNPL users agree that seeing a BNPL message while browsing gives them the ability to spend more. An online study commissioned by PayPal and conducted by Netfluential in November 2020, involving 1,000 US online shoppers ages 18-39. (Among BNPL Users, n= 357)

⁷74% of BNPL users are more likely to shop at a merchant again if they offer a buy now, pay later option. TRC online survey commissioned by PayPal in April 2021 involving 1000 US consumers ages 18+ (among BNPL users, n=282).

⁸Morning Consult - The 15 Most Trusted Brands Globally. March 2021. Morning Consult surveyed over 330,000 consumers across 10 international markets to provide a global view on the current state of consumer trust across brands.