Comment by xp84
2 years ago
Can’t someone hack your system by selling access to the link you mentioned for $500? Thus getting you the refund Ticketmaster knows about, and the private payment from the desperate buyer. Also, credit card processing fees used to be refunded when you refunded a transaction, but now I think some processors have now decided to start keeping the fees, because why not. Another 3% margin to apply at each sale (though that can be included in the transfer fee you suggest)
>Can’t someone hack your system by selling access to the link you mentioned for $500?
Not if they index the resales on their website and make them searchable.
People could still perform arbitrage by snapping up any resales significantly under the original price and reselling them at the original price, but at that point they're not making that much money and people are paying less than the original price, so the impact is just that you can't get a discounted resale. Which still sucks, but it sucks a lot less.