Ticketleap is now taking a smaller cut of tickets that are $5 or less, the Center City company recently announced on its blog.
It’s a move to get more small-ticket events on the platform.
Ticketleap charges 2 percent and $1 for every ticket sold on its platform but realized that with very cheap tickets, that number just didn’t make sense.
“On a $5 ticket, our fee is $1.25,” wrote Ticketleap President Tim Raybould. “That is not reasonable and today we’re changing it in a pretty big way.”
Read the full post
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!
Donate to the Journalism Fund
Your support powers our independent journalism. Unlike most business-media outlets, we don’t have a paywall. Instead, we count on your personal and organizational contributions.

You've heard the term 'valuation' on 'Shark Tank.' What does it actually mean?

Does the Spark Therapeutics writedown undermine Philly’s biotech swagger?

Like electricity in the 20th century, broadband access is now an economic necessity
