West Hollywood, Calif. - IAC's (NASD: IACI) Ticketmaster on Tuesday announced the launch of a new paperless ticketing service, wherein customers will no longer carry any paper tickets, and instead present their credit card and photo ID to gain entry at a venue. The new Paperless Ticket will first be utilized on Tom Waits' "Glitter and Doom" tour this summer, and the company says it plans to begin installing capabilities to offer the service at major venues in the U.S. over the next year and a half.