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UG Standard - Latest News

Ticket Yo is using FinTech to digitize Events Tickets

by Juliette Namakula | Assistant Editor
31/08/2024
in News, TECH
Reading Time: 2 mins read
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John Allan Ojera, the Founder of Ticket Yo
John Allan Ojera, the Founder of Ticket Yo

Not a day passes without an event in Uganda. It is either a music, dance and drama show or a themed party, or a sports activity or a professional gathering or cultural gathering, name it.

For all these events, there is one unique problem; the pain involved in accessing tickets. Save for a few events, in most cases, buying tickets and accessing the venues for these events is always a huge mess. This is usually because the tickets are manually sold and physically checked before one can actually attend their event of choice.

This old way of doing things comes with so many problems top among them being fraud, theft, commotion and confusion.
That said, all this can be cured by one solution – digitized ticketing systems that allow revelers to book their seats, pay for tickets from wherever they are and turn up on the event day with digital tickets that only need a scan to confirm authenticity before they are let in.

Among the companies that are offering the digitized tickets alternative is Ticket Yo; a start-up that is focused on managing ticketing for events.

“We are an events’ ticketing platform. We are simplifying and streamlining the ticket acquisition process with in the Uganda Entertainment Industry. We help event organizers get their tickets in the easiest and fastest way possible to their target audiences. As an event organizer, you register with us, list your tickets and make them available. We then create for you a dashboard that indicates the numbers of visitors on your link, actually sales and money collected,” John Allan Ojera, the Founder of Ticket Yo said.

He added: “For the customers/revelers, they simply go to our website, choose the event they want to attend and then enter their emails and mobile numbers so that we are able to deliver to them the tickets digitally once they pay. A customer can then pay with either mobile money or bank cards after which they get a confirmation of payment. We then generate a ticket encrypted with security features and a unique QR code which we then share with the customer. This is what the customer presents on the event day.”

TicketYo has featured on Day 27 of the annual 40 Days 40 FinTechs initiative Season 5.

Run under HiPipo’s Include Everyone program that also encompasses other initiatives such as FinTech Landscape Exhibition, Women in FinTech Hackathon, Summit & Incubator, and the Digital and Financial Inclusion Summit and Digital Impact Awards Africa; the #40Days40FinTechs platform aptly provides a setting for the various players and stakeholders involved in digital and financial technology to exhibit their products and services. It also gives players a platform to share their ideas on how the unserved and underserved by the present financial systems can be brought into the fold.

With over 150 participants in the last four years, #40Days40FinTechs continues to be the world’s premier showcase event for innovations that are enabling underserved populations to join the digital economy space. We know that this can only get better owing to the inspiration and collaboration of our partners; Level One Project, Mojaloop Foundation, INFITX, Cyberplc Academy, Ideation Corner, and Crosslake Technologies. Most importantly, the initiative owes its continued success to the generous support of the Bill and Melinda Gates Foundation.

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