Japan-based online ticketing platform Peatix yesterday announced its official move into Malaysia with a Malaysian Ringgit payment option.
Prior to its announcement, organisers on the platform could only create US dollar-based paid events in the country, said Emi Takemura, Head of Asia, Peatix.
According to an official statement, the three-year-old company has supported more than 25,000 events across 26 countries, including a number in Malaysia like the Young Entrepreneurs’ Conference by Alliance Bank BizSmart Academy, the Amazon Web Services Technology Day in Kuala Lumpur, TEDxWeldQuay, and the Maker Villa in Penang.
“We will continue to work closely with organisers of more TEDx events,” said Takemura. Going forward, the firm is collaborating with Malaysian Global and Creative Centre (MaGIC) and other organisers in the country.
At the moment, Peatix does not charge service fees. It, however, charges a payment processing fee of 2.9 per cent and MYR 4.99 (US$1.55) per transaction.
She added, “Offering Ringgit payments is the first step of a process to make Peatix the easiest ticketing platform to use in Malaysia.”
Now that Peatix is officially in Malaysia, its strongest force of competition will be Eventbrite. Will it survive and emerge victorious?