Tixert Points & Organizer Points Policy
Last updated: March 28th, 2025
1. Tixert Points (TP) System
Overview:
- Tixert Points (TP) are site-wide points earned on purchases, usable for any event's tickets. Each TP equals $0.01 CAD.
Earning TP:
- Earn up to 2.5% of the order total as TP.
- The exact percentage is negotiated between Tixert and the organizer.
- Example: If set at 2.5%, a $100 CAD purchase earns 250 TP (2.5% of $100 = $2.50 worth of TP).
Redeeming TP:
- Redeem TP for tickets on the platform.
- Points required = Ticket price × 100.
- Example: A $100 CAD ticket costs 10,000 TP.
- A user can redeem fractional amounts. Rather than the entire price of the order, they can redeem any % less than the total (before taxes and fees, after discounts).
Revenue Split:
- 100% of TP value goes to the organizer.
- Example: Redeeming 10,000 TP (worth $100 CAD) gives the organizer $100 CAD.
2. Organizer Points (OP) System
Overview:
- Organizer Points (OP) are unique to each organization. These points are earned from ticket sales generated from their own event. Each organization sets their own rate. Each OP equals $0.01 CAD.
Earning OP:
- Organizers set a custom percentage for OP earning.
- Example: If set at 5%, a $100 CAD purchase earns 500 OP.
Redeeming OP:
- Redeem OP only for tickets from the issuing organizer.
- Points required = Ticket price × 100.
- Example: A $100 CAD ticket costs 10,000 OP.
- A user can redeem fractional amounts. Rather than the entire price of the order, they can redeem any % less than the total (before taxes and fees, after discounts).
Revenue Split:
- Organizers do not receive any revenue from OP redemptions, as they are considered discounts. However, the benefit lies in building a loyal fanbase and encouraging repeat purchases and frequent attendance.
3. Policy
-
System Changes:
- Tixert may adjust or discontinue TP/OP systems at any time.
- Organizers can change OP earning rates.
-
Partial Redemption:
- Points can partially reduce pre-tax order costs.
- Example: 1,000 TP reduces the order by $10 CAD.
- Points can partially reduce pre-tax order costs.
-
Earning & Redemption Basis:
- Points are earned/redeemed on pre-tax base price after discounts.
4. Summary
-
TP (Tixert Points):
- Site-wide, earned at up to 2.5% of order total, with the percentage negotiated between Tixert and each individual organizer.
- Redeemable for any event where Tixert points can be earned.
- Organizer receives 100% of redeemed TP value.
-
OP (Organizer Points):
- Organizer-specific, earned at a custom percentage, redeemable only with the issuing organizer.
- Organizer receives 0% of redeemed OP value as it's considered a discount.
-
Point Redemption Formula:
- Price × 100 = Required Points (applies to both TP and OP).
5. Contact Us
If you have any questions or concerns about this Points Policy or our policies, please contact us at:
Tixert.com Email: contact@tixert.com