Twickets, a popular England-based fan-to-fan ticket resale platform, is coming to the US this fall. The platform allows fans to resell unwanted tickets, with prices capped at face value (any booking fees incurred with the original purchase can be included at the seller’s discretion). Twickets then collects a 10 percent transaction fee from the buyer for each sale.
Other popular ticket resale sites, like Ticketmaster and StubHub, allow sellers to set their own price, often resulting in steep markups for high-profile events. When it debuts this fall, Twickets will be the first secondary market ticket platform to require face value sale in the US.
If a fan wants to sell a ticket, Twickets will first check to make sure the ticket is...
