▸ Refunds
Refunds on Cancelled Shows
If a show cancels, every buyer is refunded the ticket's face value to their original payment method through Stripe; the payment-processing fee is non-refundable, except where the law of the state where the show was to take place requires it to be refunded. The funds then land on the card network's timeline.
When a Show Cancels
The flow:
- The organizer tells BandPass at support@thebandpass.com as soon as the decision is made, and before the scheduled start (or BandPass cancels for force majeure or a license issue). BandPass marks the show cancelled, which stops new sales, then refunds each buyer.
- Each buyer is refunded the ticket's face value to their original payment method; the payment-processing fee is non-refundable, except where the law of the state where the show was to take place requires it to be refunded. The money then lands back on their card or bank on the network's timeline (often a few business days).
- Because the refund is issued through Stripe, the buyer's refund confirmation comes from the payment network as soon as it processes.
Why This Works
Vs. the Industry
Who Absorbs the Cost
On a full cancellation, the venue takes the hit on their projected revenue (it's their show that didn't happen), and the buyer's ticket face value is returned. Where the law of the state where the show was to take place requires it, the buyer instead gets back the full amount paid, and the organizer who cancelled bears the payment-processing fee.
No Reserves Required