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A PayPal ticket reserve is a preventive measure ensuring the ticket buyer receives a refund in the case of cancelation. Learn more about account reserves.
Sometimes events and conferences have to be canceled. It happens more than you'd expect, and it’s often outside of the organizer’s control. Some reasons for cancelation include: insufficient demand, sickness of the performers, and bad weather. In these instances, we need to ensure that the ticket buyer is protected and receives a refund. Maintaining a reserve balance in your PayPal account is a preventive measure that helps safeguard all parties and enables a smoother refund process, if required. I’m selling tickets to an event or conference.
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In partnership with three expert business owners, the PayPal Bootcamp includes practical checklists and a short video loaded with tips to help take your business to the next level.
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