SWAPTIX Says Israeli Pilot Offers Up to 90% of Ticket Value in Credits

SWAPTIX cofounder and CEO Avidan Nagar says users in the Israeli platform's pilot can receive up to 90% of a ticket's value in credits, with each credit worth NIS 1. Users submit unused tickets, receive a valuation and decide whether to accept it. The company's terms say approved credits are granted after ticket rights are transferred, regardless of whether SWAPTIX later resells the ticket. Valuations consider demand, time until the event and seating, and the terms do not guarantee a minimum value or a market-equivalent price.