Square Partners With Eventbrite to Create Omni-channel Payments Solution for World’s Largest Live Event Platform
September 28, 2017
SAN FRANCISCO--(BUSINESS WIRE)--
Square today announced a strategic partnership with Eventbrite, in which
Square will drive Eventbrite’s payments systems, including online,
mobile, and in-person transactions. Additionally, to support
Eventbrite’s vision to power the world’s largest platform for live
experiences, Square has invested $25 million in the company.
“Eventbrite’s global network of event creators have the same
entrepreneurial spirit and drive as the millions of sellers who run
their businesses on Square,” said Alyssa Henry, Seller Lead at Square.
“We’re thrilled to bring Square’s payments technology to Eventbrite. As
the lines that separate online and offline business fade, we look
forward to helping them further simplify all aspects of commerce, so
they can stay focused on their core business of powering great live
“Like Eventbrite, Square has been focused on leveraging technology to
innovate in a traditional industry, and they bring a new approach to
payments that has allowed millions of merchants to transact
effortlessly,” said Tamara Mendelsohn, VP of Product at Eventbrite. “The
result is a beautifully simple way for people to pay, and having that
same engine drive our payment processing will ensure that transacting on
Eventbrite will always be easy, secure and supported by incredibly rich
The partnership between Square and Eventbrite will enable:
Online and mobile payments: Square will be Eventbrite’s payment
processing partner for paid events, tickets, registrations,
merchandise sales, donations, and other associated products or
In-person payments: Square will be Eventbrite’s payment
processing partner for in-person transactions, enabling event creators
to easily accept card payments from attendees with Square’s hardware
and Point of Sale software.
Omni-channel reporting and management: By powering Eventbrite’s
online, mobile, and in-person payments, Square will provide event
creators with a single platform, and therefore one comprehensive view
into all of their sales. This omni-channel payment, reporting, and
management capability will empower event creators with the data they
need to deliver outstanding attendee experiences and make informed
decisions about their businesses.
here for a closer look at how Square technology will power payments
Square, Inc. (NYSE:SQ) creates tools that help sellers start, run, and
grow their businesses. Square enables sellers to accept card payments
and also provides reporting and analytics, next-day settlement, and
chargeback protection. Square’s point-of-sale software and other
business services help sellers manage inventory, locations, and
employees; access financing; engage customers; and grow sales. Square
Cash is an easy way for businesses and individuals to send and receive
money, and Caviar is a food ordering service for popular restaurants.
Square was founded in 2009 and is headquartered in San Francisco, with
offices in the United States, Canada, Japan, Australia, Ireland, and the
Eventbrite is the world’s leading event technology platform. The company
has processed more than $8 billion in gross ticket sales since inception
and powers nearly three million events each year. Hundreds of thousands
of organizers use Eventbrite to boost ticket sales, promote and manage
events, handle onsite operations, and analyze results across multiple
sales channels. Customers include Tribeca Film Festival, Newport Folk
and Jazz Festivals, Maker Faire, Wanderlust, and many more. Eventbrite’s
capabilities are enhanced by Eventbrite Spectrum, the company’s open API
platform, which provides seamless access to more than 170
industry-leading technologies like Salesforce and Mailchimp.
Additionally, over 50 million consumers use Eventbrite every year to
discover a variety of live experiences and get tickets on a secure,
easy-to-use platform. Founded in 2006, the company has 11 offices in 10
countries. Investors include Sequoia Capital, Tiger Global and T. Rowe
Price. Learn more at www.eventbrite.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170928005442/en/
Source: Square, Inc.