Good news for bookers and planners: Eventbrite is reducing its processing fee.

After 16 months in the Australian market, Eventbrite has reduced its payment processing fee from 3.5% to 2% for paid events. The platform will continue to allow users to list free events at no cost.

“With successes like Rainbow Serpent, Beyond the Valley, and Taste of Australia, Eventbrite is seeing strong traction in Australia, and we’re excited to offer more savings to our Australian customers,” said Australian managing director Rachael Neumann.

Eventbrite’s payment system features a seamless purchase experience, reserved seating capabilities, and easy management for refunds and chargebacks. The company will also continue to support PayPal and provide multiple payment options.