TicketCo, the Norway-based event payment and ticketing company, has officially launched in the UK.

Having processed more than £70 million in event transactions for large music, sport and leisure events in Norway, TicketCo has already secured contracts with Woking FC and Junkyard Golf Club.

TicketCo’s first client, Junkyard Golf Club, has reportedly seen ticket sales increase by 46 per cent and the company is now looking for further events to partner with. Since launching in Norway in 2013, the company has spent the last five years creating and consolidating its event payment system.

Customers are assigned a QR code when they purchase a ticket online or in-app and this QR code is the only ticket they will ever need for this event and any other future event booked through the TicketCo platform. The platform’s technology is compatible with Android and iOS devices.

Prior to the event, organisers are able to advertise special deals on food, drinks, merchandise and transport, and the ticket holders can upload funds to their in-app wallet to spend via their unique code during the event.

Chris Legh, co-founder of Junkyard Golf Club, commented: “When I first met TicketCo they immediately understood the issues we’ve previously had trying to shoehorn existing ticketing systems into our needs and offered a logical solution for what we needed to achieve. We are able to set up ticket allocations in a fraction of the time it used to take us and it’s sped up processing time on guest arrival significantly. This means shorter queue times, giving guests more time at the bar before they start.”

Carl-Erik Moberg, co-founder of TicketCo, added: “TicketCo started out as a simple self service ticketing system five years ago and since then we’ve developed a completely unique platform for absolutely any type of event payment. All of this is down to customer driven innovation – put simply we’ve listened and delivered on the needs of our customers. We’ve created what we consider the perfect sales tool for an event organiser and we are very excited to be bringing this to the UK.”