BookMyShow, the largest online movie ticket booking platform is going to introduce a Credit Ticket booking facility on nominal amount.

The most renowned online ticketing portal in India, BookMyShow will shortly let its users book tickets online on credit. All you have to do is pay back the money within the time frame of one month. Since the users don’t misuse this feature, it won’t allow the users to buy more tickets than a pre-specified number, if you don’t clear the outstanding payment. This wonderful facility will be added in 30-60 days. Ashish Hemrajani, co-founder of BookMyShow revealed his plans at Connect 2016.

Giving credits will be first tested in one of the Indian states before expanding the services all over the nation. The main idea behind offering credit facility for a small amount of a movie ticket is that most of the Indians are reluctant to use their cards for payment. Secondly, everybody doesn’t have a credit card. This option will allow the users to purchase the ticket anytime, anywhere and pay back within 30 days to the theatre where you have watched the movie.

Currently, the website is analyzing whether it is truly worth to extend the credit facility. Based on your social connections like friends on Facebook and followers on Twitter, the credit score of the buyer will be calculated. In this way, BookMyShow will figure out, where the interest and preference of people lies.

It is estimated that through this credit facility the number of transactions will scale up; especially, it will be a great hit amongst college students who have limited pocket money, but are interested in watching most of the movies.

Takeaways:

• BookMyShow will soon allow buyers to books ticket online on credit.
• You can pay back the ticket amount within the time frame of one month.
• This wonderful facility will be added in 30-60 days.