Festival tickets can be expensive, and many fans struggle to afford high ticket costs all at once. Forward-thinking festival organisers worldwide are addressing this challenge by offering flexible ticket payment plans. By allowing attendees to pay in instalments – either through in-house layaway plans or by partnering with “buy now, pay later” (BNPL) services – festivals are making attendance more affordable without sacrificing revenue. This article explores how festival producers can implement installment plans step by step, communicate them effectively to audiences, and manage the financial risks. The end result: a wider audience, boosted early ticket sales, and happier fans who can attend their dream events without breaking the bank.
Why Offer Ticket Payment Plans?
For many festival-goers, sticker shock is real. Multi-day festival passes often cost hundreds of dollars (or pounds, euros, etc.), especially when adding camping, VIP upgrades, or travel. Younger audiences like students or early-career professionals may find it daunting to pay the full amount upfront (www.ticketfairy.com). By offering payment plans, festivals lower the barrier to entry. Fans can secure a ticket with a small deposit or manageable monthly payments instead of one lump sum. This flexibility in payment not only helps fans – it sells tickets. When given the option to spread out payments, people are more likely to commit early to an event they’ve been eyeing (www.ticketfairy.com).
Payment plans have rapidly grown in popularity across the festival industry (socialladderapp.com). Many major festivals now offer some form of installment plan to make tickets more accessible. Coachella (USA), for example, allows fans to secure a pass for as little as $49 down and then pay the remaining balance over several months (coachella.com). In the UK, Glastonbury Festival uses a deposit system where attendees pay a deposit (around £50) when tickets go on sale, then pay the rest of the balance a few months before the event. Primavera Sound in Spain and Ultra Music Festival in Miami have also joined this trend, recognizing that flexible payments attract more attendees (musicfeeds.com.au) (socialladderapp.com). Even mid-sized events like Firefly Festival (USA) and community-focused gatherings like Lucidity Festival (USA) offer layaway or BNPL options for their fans (socialladderapp.com). The message is clear: providing affordable payment options widens your audience and shows that the festival values its community.
From the organizer’s perspective, there are benefits beyond just goodwill. Payment plans can boost early ticket sales, locking in revenue and attendance numbers earlier in your planning cycle. Fans who might hesitate until the last minute (or skip an event entirely) may be willing to purchase months in advance if they only have to put down a small payment now. This early commitment helps event producers with forecasting and can improve cash flow if structured correctly. Additionally, offering installment plans can set your festival apart from others, positioning it as more inclusive and fan-friendly – a plus for branding and word-of-mouth marketing.
Types of Ticket Payment Plans: Layaway vs. Buy Now, Pay Later
There are two main approaches to making festival tickets payable over time: in-house layaway plans and third-party “Buy Now, Pay Later” services. Both achieve the goal of breaking up the cost for attendees, but they work a bit differently.
Layaway Payment Plans (In-House Installments): This is a plan you as the festival organiser (often via your ticketing platform) offer directly. Typically, a fan pays an initial deposit to reserve their ticket, then pays the remainder in one or several installments leading up to the festival. The schedule can be monthly, bi-weekly, or a few set dates. For instance, Coachella’s advance sale uses a layaway plan with a $49 down payment, followed by 7–8 equal payments charged automatically through December before the event (coachella.com). Similarly, Splendour in the Grass in Australia introduced a “Time to Pay” installment option that let fans pay off a roughly $400 ticket in three monthly chunks instead of all at once (musicfeeds.com.au). In the UK, Creamfields 2025 allowed festival-goers to secure their spot for just £20 upfront, with the remaining balance not due until a later date – effectively a simple two-step layaway (creamfields.com). The key feature of layaway plans is that the festival manages the payment schedule: attendees commit to paying on schedule, and if they miss payments, there are consequences (like cancellation or loss of deposit) defined in your terms.
Buy Now, Pay Later (BNPL) Integration: BNPL services are third-party fintech companies (such as Klarna, Afterpay, Affirm, and others) that allow customers to split a purchase into multiple payments, often interest-free for the buyer. When you partner with a BNPL provider, festival attendees can choose this option at checkout to finance their ticket. The BNPL provider typically pays the festival or ticketing platform upfront in full, then takes on the responsibility of collecting the remaining installment payments from the attendee over time (www.ticketfairy.com). This means your festival gets its money immediately (minus any service fees), and the attendee pays the BNPL firm back in installments. For example, Riot Fest (USA) partnered with Affirm through their ticketing platform to offer fans the ability to pay for tickets over three or six months, making it easier for budget-conscious rock fans to attend. In Europe, Creamfields teamed up with Klarna and PayPal Credit, letting fans “dance first and pay later” by splitting the cost into three payments or financing over up to 12 months (creamfields.com). BNPL plans are generally advertised as interest-free for short-term plans (the BNPL company may charge interest or fees for longer-term financing, or charge the organizer a fee for the service). The big advantage here is simplicity for the organizer – you don’t have to run an internal payment program or chase missed payments, and your attendees get trusted financial tools at checkout. The downside can be that not every fan will qualify (BNPL providers may do a soft credit check or have spending limits), and there’s often a merchant fee or revenue share for the service.
Which to choose? Many festivals actually offer both options if possible. The choice may depend on your scale and your ticketing platform’s capabilities. An in-house layaway might give you more control (and potentially allow you to keep any service fee in-house rather than paying a third party). On the other hand, a BNPL integration shifts risk and admin complexity to an external partner – which can be very attractive for smaller teams. If your ticketing platform supports it, you may implement a built-in payment plan feature. (For example, Ticket Fairy’s ticketing system allows spreading payments over multiple months right in the checkout (theticketfairy.zendesk.com), meaning you can enable a layaway option without custom development.) It’s not an either/or decision; what matters is providing a secure and clear way for fans to pay over time.
Step-by-Step: Structuring Installment Options
Implementing a payment plan requires careful planning and coordination with your ticketing provider. Below is a step-by-step guide to structuring installment plans for your festival tickets:
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Assess Feasibility and Goals: Start by determining what you want to achieve with a payment plan. Is it to boost early sales? Attract a new demographic (like students) or international attendees? Identifying your goals will guide the structure. Also, assess the financial feasibility: can your festival handle receiving ticket revenue in increments rather than all upfront? If you rely on ticket income immediately for deposits or upfront costs, you may prefer a BNPL service that pays you in full upfront (www.ticketfairy.com). Alternatively, if you have some financial cushion or the sales period is long, an in-house plan could work.
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Choose the Right Payment Plan Model: Decide between offering a layaway plan in-house or partnering with a BNPL provider, or both. Research what your current ticketing platform supports. Many modern platforms (including Ticket Fairy and others) have installment features built in, or existing integrations with BNPL providers. Selecting the model will influence the next steps – technical implementation and user experience.
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Define the Structure and Terms: Clearly outline how the installment plan will work:
- Number of Payments & Schedule: How many installments will you allow, and over what timeline? This often depends on how far in advance tickets are sold. Some festivals offer a longer schedule (6-10 monthly payments) when tickets go on sale a year out, then shorten the plan (e.g., 2-3 payments) as the event nears. For instance, Ticket Fairy’s platform can spread payments over up to 9 months early on (theticketfairy.zendesk.com) and then automatically reduce the installment count as the event date approaches.
- Deposit Amount: Set an initial down payment. This could be a flat amount (e.g., $50 down) or a percentage of the ticket price (commonly 10-25%). A smaller deposit lowers the entry barrier, but too small might encourage casual sign-ups who could default later. Many festivals find a sweet spot in the $20–$100 range for deposits, depending on total ticket price. For example, a $300 festival pass might be reserved for $50 now, whereas a $600 VIP package might require $100+ down.
- Payment Intervals: Decide if payments are monthly, bi-weekly, or tied to specific dates. Monthly is simplest for most because people can budget per month. Some events have fixed due dates (e.g., 1st of each month, or specific dates like June 1, July 1, etc.), while others space installments a set number of days apart from purchase.
- Fees or Interest: Determine if you will charge any additional fee for using the plan. Many festivals charge a nominal layaway fee (e.g., $5–$50) to cover administrative costs. Coachella, for instance, adds a flat $55 fee for their payment plan, but keeps it interest-free (coachella.com). Transparency is key – if you do charge a fee, make sure the buyer knows up front. If partnering with a BNPL service, be aware of their fees: sometimes the attendee might pay a small interest, or your festival might absorb a merchant fee. Balance making it affordable for fans with covering your costs.
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Terms & Conditions: Draft clear T&Cs for the payment plan. Outline the consequences of missed payments, cutoff dates for opting in, and refund policies. Will you cancel tickets after one missed payment or allow a grace period? Are deposits refundable or not? (Typically, deposits are non-refundable, which protects the festival if the attendee backs out, but you might allow exceptions or credit transfers on a case-by-case basis.) As a policy example, Coachella stipulates that if a buyer defaults on the plan, all amounts paid become a festival credit that the fan can use the next year (coachella.com) – this way the buyer doesn’t get cash back, but they don’t entirely lose their money either. Choose a policy that is fair but also safeguards your event’s finances.
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Integrate with Your Ticketing System: Work closely with your ticketing provider or in-house tech team to set up the payment plan in the ticket sales system. If using an in-house layaway plan, your ticketing platform needs to handle scheduled billing (automatic charges to the customer’s card on file on the installment dates). Ensure that the system can send reminders, update payment info if a card expires, and securely handle the transactions. If you’re partnering with a BNPL service, integration might involve enabling that payment method at checkout and testing that it correctly appears as an option. Often, enabling BNPL is as simple as toggling it on if your ticketing platform has a pre-built integration with the provider – for instance, some event platforms let you just activate Klarna or Affirm and the option will show up alongside credit card checkout. Either way, test the entire purchase flow thoroughly. Do a dry run purchase using the payment plan to make sure the user experience is smooth and all calculations (down payment and installment amounts) are correct.
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Pilot and Adjust (if possible): If you have the luxury of time and a smaller pre-sale or limited ticket release, consider piloting the payment plan option with a subset of customers. This can reveal any technical hiccups or confusing messaging before you go wide to thousands of buyers. Collect feedback: did users understand how to select the installment plan? Were there any unexpected fees or issues? Use this insight to refine your process or instructions.
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Financial Planning & Reserves: While setting up the plan, adjust your budget and cash-flow plans. Remember that if you’re doing an in-house installment plan, you won’t have all ticket revenue upfront. Plan for the staggered income – for example, you might only have 25% of the ticket revenue in hand at the initial sale, with the rest coming in monthly. Ensure you have funds to cover critical upfront costs like artist deposits, venue fees, etc. Some festivals set aside a reserve fund or secure a short-term bridge loan to cover early expenses, knowing that guaranteed installment payments will continue to flow in. If using BNPL where you get paid upfront, this is less of an issue (you essentially get the money minus fees right away), but it’s still wise to have some cushion in case of any ticket refunds or issues.
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Monitoring and Management: Once sales are live with the payment plan in place, actively monitor its usage and performance. Track how many people are opting for the installment plan versus full-price purchase. This will inform both your cash flow projections and your marketing (if uptake is low, maybe more promotion of the option is needed; if uptake is high, ensure your finances are prepared for the schedule). Set up a system (or use your ticketing platform features) to handle failed payments. For example, have automated emails or texts to remind buyers a few days before an installment charge is coming and notify them if a payment fails. Provide a grace period or a second attempt for failed charges if possible – credit cards can decline for many reasons, and a brief grace period with clear communication can save the sale. Only as a last resort would you cancel the ticket. Ideally, customer support can reach out to resolve payment issues (perhaps the attendee needs to update their card info). Managing this process carefully will reduce defaults and keep fans happy.
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Post-Event Analysis: After your festival, review how the payment plan impacted your sales and operations. Did it significantly boost early sales or attract new attendees? What was the default rate (how many people didn’t complete their payments)? Was the extra administrative work manageable, or do you need to adjust the process next time (e.g., require a higher deposit or fewer installments)? Gather any anecdotes from customer service – did attendees express appreciation for the option? Use these insights to refine the payment plan offer for future events.
Throughout these steps, maintain a customer-centric mindset. The goal is to make it easier for fans to attend, not to create confusion. Keep the process as simple and transparent as possible.
Communicating Payment Plans to Attendees
Announcing and explaining your ticket payment plans effectively is crucial. After all, the best installment program does no good if your potential attendees don’t know about it or don’t understand how it works. Here are strategies for communicating it:
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Make It Prominent in Marketing: As you begin your ticket sales campaign, highlight the availability of payment plans in all major announcements. For example, when tickets go on sale, your social media posts, emails, and website should clearly state messages like “Secure your festival ticket now for just $50 down!” or “New: Pay for your pass in 6 easy installments – no interest!”. Emphasise the low entry point (“from $X/month” or “only 10% upfront”) to grab attention. Festivals that have done this, such as Creamfields advertising “£20 today to secure your spot” (creamfields.com), have seen enthusiastic responses from fans who might otherwise hesitate at the full price.
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Detailed FAQ and How-To Guides: Dedicate a section of your festival website or ticketing page to explaining how the payment plan works. Outline the steps the buyer needs to take (e.g., “Select the Payment Plan option at checkout, enter your card, and only the $50 deposit will be charged today. The remaining five payments of $50 will be automatically charged monthly.”). Use simple language and bullet points for key terms. It’s also helpful to include examples or a chart of payment dates. By preemptively answering questions – When is each payment due? Can I pay it off early? What happens if my card is declined? – you reduce confusion and support tickets later. For instance, SoundStorm Festival in Saudi Arabia provided a clear breakdown on their ticket page when offering installment options, which significantly reduced customer inquiries, as fans could see exactly how and when they’d pay.
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Leverage Email and Social Proof: Consider sending targeted emails to segments of your mailing list that might benefit most. For example, students or past attendees who bought the cheapest tiers might appreciate knowing about a payment plan for upgrading to a full weekend pass or VIP. Highlight how the plan makes it easier – “We heard you – and we’ve introduced an installment plan so you don’t have to miss out!”. If you have data or testimonials (even from just a few early users), share success stories: “Over 2,000 fans have already snagged their tickets via our easy payment plan!” – this creates a bandwagon effect and normalises the behaviour. Social media can also be great for this: use polls (e.g., “Would paying in installments help you attend?” – chances are the response will be positive and generate buzz), and once live, share reminders like “Only 2 days left to get Early Bird tickets for $30 down – don’t wait!”.
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Communicate Deadlines and Conditions Clearly: One thing to be very clear about in communications is any deadline or cut-off. If the payment plan is only available during a certain sales period (e.g., only during an early-bird window or up until X weeks before the event), make sure that’s stated up front. Scarcity can actually encourage action (fans will think, “I should take advantage of the installment plan now before it’s gone”), but you don’t want someone complaining they didn’t know the option expired. Similarly, if there’s a flat fee or any interest, include that in the description in plain terms (e.g., “$10 layaway fee applies”). It’s better to be transparent to maintain trust.
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Train Your Team: Ensure that your customer support and social media teams are well-versed in the payment plan details. They will inevitably get questions – from “How do I sign up for the installment plan?” to “Can I change my credit card for the remaining payments?” – and quick, confident answers will make customers feel secure. Consider creating an internal FAQ or cheat-sheet for staff. A swift, informative response on a Facebook comment or email could be the difference between someone purchasing or walking away.
By communicating clearly and enthusiastically about your payment plans, you not only drive uptake but also position your festival as one that cares about its attendees’ financial comfort. The tone should be empowering – you’re giving people a way to make it happen and join the experience, rather than a hard sell. Many organizers find that a well-promoted payment plan can become a selling point in itself, turning the ticket buying experience into something positive (“they made it easy for me!”) rather than stressful.
Managing Financial Risks and Considerations
While payment plans can increase accessibility and sales, they also introduce new financial considerations and risks that festival organisers must manage. Here’s how to handle them wisely:
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Default and Cancellation Risk: The biggest risk with an in-house installment plan is that some buyers might default (fail to complete their payments). To mitigate this, set your policies and enforcement mechanisms clearly. Most festivals make the initial deposit non-refundable – so if someone stops paying, at least the festival retains that deposit to cover administrative costs or potential loss. Also, schedule the final installment to be well before the festival date (a common practice is collecting everything at least 2-4 weeks prior). This buffer gives you time to identify defaults and potentially resell those tickets to last-minute buyers. For example, if a fan hasn’t paid their balance by the final deadline, you can cancel their ticket and offer it to someone on a waitlist or release it in a final sale. Clear communication to the buyer about each missed payment (with warnings before cancellation) is important to maintain goodwill. Some events choose to offer credit or partial refunds in lieu of a full forfeiture if someone had an emergency – this is at your discretion, but having a compassionate exception policy (even if case-by-case) can preserve your reputation.
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Cash Flow Impact: As mentioned earlier, if you don’t use a BNPL service that pays upfront, your revenue will trickle in over time. This can affect your budgeting. Plan out a cash flow forecast that takes into account the installment schedule. You might find that you have a big spike of income at the initial sale (all those deposits), then smaller monthly bumps thereafter. Align your expense timeline accordingly. For instance, if artist booking payments are due in January but a large chunk of ticket revenue isn’t coming until March (final installments), you need to budget with that gap in mind. In some cases, festival organizers set aside those initial deposits in a separate account or use them first for time-sensitive expenses, while later installments might cover closer-to-event costs. If cash flow is tight, another approach is to work with financing partners or use early-bird sales (perhaps at a slight discount) with no payment plan to generate some immediate full revenue, balancing against those on the plan. The bottom line is: don’t get caught short because funds are tied up in pending payments.
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Fees and Costs: Offering a payment plan might introduce some extra costs. Credit card processing will be occurring multiple times for each order (though usually the fees are just a percentage of each payment as usual). If using a BNPL provider, they might charge a merchant fee (often a few percentage points of the transaction) for the service. Be sure to factor these costs in when setting your ticket prices and budget. Some festivals slightly increase the ticket price or add a small surcharge for payment plan users to offset the costs – just do so transparently. Also note that if a customer’s payment fails and you use a third-party ticketing platform, there might be penalty fees or chargebacks to handle; have a plan for absorbing or passing on those costs (within reason).
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Technology and Data Security: When handling multiple payments, ensure your systems are secure. You’ll be storing customer payment information (oftentimes credit card info gets tokenized and stored for future charges) either in your system or your payment processor’s vault. Use reputable platforms that are PCI compliant. The Ticket Fairy platform, for instance, securely stores card info for scheduled payments so that organizers don’t have to worry about the technicalities – another reason to rely on established ticketing solutions for this rather than building your own system from scratch. Additionally, have data reporting in place: you need to be able to pull reports of who still owes payments, who’s fully paid, etc., at any given time. This will help both finance tracking and customer service.
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Attendee Management and Goodwill: There’s also a customer relations angle to consider. When someone is midway through paying off a ticket, make sure they still feel like a valued attendee even if they’re not fully paid yet. Send reassuring messages – e.g., after their deposit, an email saying “Welcome to the festival family! We’re excited to see you, and we’ll send reminders as your payment plan progresses.” Perhaps provide a way for them to upgrade later (if they want to add camping or VIP and adjust their payment plan accordingly) – if your system allows that, it can be an extra revenue boost and a customer-friendly move. Conversely, if someone decides they cannot attend and wants to cancel midway, have a clear policy for that scenario. Maybe they lose their deposit and any payments made (standard practice), or you allow transfers of the plan to another person (complex but possible). Whatever you decide, make sure it’s communicated to avoid frustration.
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External Factors: Be mindful of factors like inflation and currency changes if you’re dealing with international attendees. If you set a ticket price and installment plan in one currency, and your costs are in another, long sales cycles could see currency fluctuations. This is a minor point, but if you’re a festival in, say, Mexico or Indonesia attracting global buyers on a payment plan, currency exchange rates and foreign transaction fees could come into play for your customers. Partnering with localized payment providers (as discussed in Ticket Fairy’s guide to international payment methods (www.ticketfairy.com) (www.ticketfairy.com)) can alleviate some of these issues by letting people pay in their home currency or method.
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Contingency Planning: What if the unthinkable happens and the event has to be canceled or postponed (as many experienced during the pandemic)? If you have sold a lot of tickets on payment plans, you’ll need a plan to refund or roll over those tickets. It might mean refunding what people have paid to date, or offering that those who are partway through payments can transfer their payments to a future event. This scenario is rare, but 2020 taught the industry to have a contingency. If using BNPL, check with the provider on how refunds are handled (in many cases, the provider will handle refunding the customer and you might have to return funds to the provider for any tickets that were financed and then canceled).
In summary, the risks of payment plans can be managed with forethought and good policies. Thousands of festivals have implemented these plans successfully. The default rates tend to be relatively low when the plan is well-communicated (fans value their tickets and don’t want to lose them), and the increase in ticket sales can far outweigh the small percentage of drop-offs. By preparing for the worst-case scenarios, you’ll ensure that offering affordability through payment plans doesn’t backfire on your budget.
Real-World Examples and Lessons Learned
To bring these ideas to life, let’s look at a few real-world festivals and how they leveraged ticket payment plans:
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Coachella (USA): One of the pioneers of festival payment plans, Coachella’s promoter (Goldenvoice) realized early that allowing partial payments could keep the immense demand accessible. Their model – a small down payment ($49) and equal monthly payments with no interest (coachella.com) – has become a template for many other festivals. Coachella’s system charges a one-time fee (around $50-$55) for the service but otherwise keeps it simple. This approach has helped Coachella consistently sell out its advance ticket sales in minutes, as cost-conscious fans can lock in tickets as soon as they’re announced without having all the cash on hand. Lesson: Simplicity and a low upfront cost can drive urgency and broader participation.
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Glastonbury (UK): The legendary Glastonbury Festival has a unique deposit scheme. Ticket buyers in the initial sale pay a deposit of about £50 to secure their ticket months in advance. They then have a window (usually in the spring) to pay the remaining balance of around £200. If they fail to pay the balance by the deadline, their ticket is refunded minus a small admin fee and then offered to someone on the resale list. This system not only eases the financial burden but also curtails scalping – since tickets are personalised and tied to each buyer’s registration, and only genuine fans go through with the full payment. Lesson: A deposit-reserve system can double as a crowd management and anti-scalping tool, ensuring committed attendees without demanding full payment many months out.
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Electric Daisy Carnival – EDC (USA & Worldwide): Insomniac Events, the producers of EDC Las Vegas and other large EDM festivals, have embraced layaway plans wholeheartedly. They often market with phrases like “$10 down to secure your pass” for early sales. While $10 is usually just a starting tier (for limited quantities or certain passes), the concept of ultra-low deposits generates huge buzz among young festival-goers. Thousands jump at the chance to reserve a spot for the price of a movie ticket, then pay off the rest over the ensuing months. Insomniac reportedly sees a significant percentage of EDC attendees using the layaway plan each year – helping the event sell out well in advance. Lesson: Don’t underestimate how low your deposit can be to hook in fans; if you have a loyal base, even a token amount can commit them to your event, and most will follow through with the payments if the excitement stays high.
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Riot Fest (USA): Riot Fest in Chicago, a rock-oriented festival, recognized that even their relatively moderate ticket prices could be a barrier for some fans. They utilized their ticketing partner’s integration with Affirm (a BNPL service) to let attendees split the cost into three or six monthly payments. By promoting this option, Riot Fest has been able to welcome more fans who appreciate the budget-friendliness. Also, because Affirm pays the festival upfront (minus fees), Riot Fest didn’t worry about cash flow issues. Lesson: Partnering with a BNPL provider can be a win-win: fans get time to pay, and the festival gets the funds right away without chasing payments.
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Creamfields (UK): A major electronic music festival, Creamfields introduced a hybrid approach in 2025: an official £20 deposit scheme alongside integration of Klarna and PayPal’s Pay-in-3. This meant fans had multiple choices – they could either secure a ticket with a small £20 down payment (and pay the rest by a set date), or choose at checkout to have Klarna/PayPal split the cost into three equal parts or even finance over 12 months (creamfields.com). This flexibility was very well received, as it catered both to those who just needed a short-term break (maybe waiting for next month’s paycheck) and those who wanted a longer term installment. Creamfields reported strong uptakes for these options, contributing to one of their fastest sell-out years. Lesson: Providing more than one type of payment plan can accommodate different needs – some people want just a bit more time, others need a longer runway. Meeting them where they are will maximize your ticket sales.
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Lucidity Festival (USA): A smaller, community-focused arts and music festival in California, Lucidity doesn’t have the massive scale of the above giants – but they still found value in offering payment flexibility. They partnered with Affirm and proudly announced that this made the festival “more accessible” to their creative community (lucidityfestival.com). The result was a broader demographic of ticket-buyers, including some who said they wouldn’t have been able to attend without the option to stagger payments. Lesson: Even boutique festivals can benefit from payment plans. It’s not just for huge events – in fact, for niche festivals, it can be an important tool to ensure your core community can afford to join in, building loyalty and goodwill.
Across all these examples, two common themes emerge: accessibility and early commitment. Festivals found that payment plans opened the doors to people who love the event but might not have been able to attend otherwise, and converted those people into ticket holders months in advance. The producers and organisers behind these festivals often speak about the satisfaction in seeing more inclusive crowds and the relief from pressure to push last-minute sales.
Key Takeaways
- Payment Plans Widen Your Audience: Flexible ticket payment options (layaway or BNPL) make festivals financially accessible to more fans. This inclusivity can boost your attendance and enhance your festival’s reputation.
- Early Sales and Loyalty: Installment plans encourage attendees to buy earlier than they otherwise might. Securing more early-bird sales helps with planning and creates a committed fan base eagerly anticipating your event.
- Choose the Right Plan Model: Decide between in-house layaway (you handle installments) or BNPL services (third-party handles financing). Each has pros and cons – layaway gives control, BNPL offers upfront payout and offloads risk (www.ticketfairy.com).
- Clear Structure & Terms: Define deposit amounts, number of installments, schedule, and fees transparently. Set fair but firm rules for missed payments (e.g., loss of deposit, deadlines for final payment) and communicate them clearly up front.
- Leverage Ticketing Technology: Use a capable ticketing platform (like Ticket Fairy or similar) that supports payment plans or BNPL integrations. This will save you headaches in automating charges, tracking payments, and securing data.
- Marketing the Plan: Prominently advertise the availability of payment plans in your marketing. Use phrasing like “Secure your ticket for just $X today” to drive interest. Provide FAQs and customer support so buyers understand how to use the plan.
- Financial Management is Key: Plan for the cash flow impact of installment sales. Mitigate risks by setting non-refundable deposits and final payment deadlines before the event. Monitor payment collections and have a process for declines/defaults.
- Success Stories Abound: Learn from other festivals – many major events (Coachella, Glastonbury, EDC, etc.) and smaller ones have successfully implemented these plans, seeing increased sales and happier attendees as a result (socialladderapp.com) (musicfeeds.com.au).
- Focus on Fan Experience: Ultimately, offering a payment plan is about reducing fans’ financial stress. Keep the process simple and customer-friendly. A positive ticket purchasing experience can build loyalty that pays off in the long run, through word-of-mouth and repeat attendance.
By thoughtfully implementing ticket payment plans, festival organisers can create a win-win scenario: more fans get to experience the magic of the festival, and the event itself enjoys stronger, earlier ticket sales. In an increasingly competitive festival market, flexibility and empathy towards attendees’ financial realities can set your event apart. With careful planning and communication, payment plans can be the key to making your festival not just an unforgettable experience on the day, but an attainable goal from the moment tickets go on sale.