Festivals go cashless
Music festivals are embracing NFC technology with cash-free payment facilities.
A cashless future?
Revellers at last week’s Isle of Wight festival became the first at a multi-day event in the UK to make cashless payments using the same wristband worn to gain entry into the festival.
The wristbands, provided by manufacturer ID&C, gave thousands of festival-goers the convenience of instant payments at the venue’s bars and selected catering units up to the value of £20.
The cashless wristbands could then be topped up at a number of points around the site and any unused credit was reimbursed to users’ after the event.
Other large events are also going cash-free this year with the Barclaycard Wireless festival offering festival-goers the opportunity to apply for a free Barclaycard PayBand – which has the option of automatic top-up whenever the balance falls below £20.
With many new smartphones now integrating NFC technology the question is how long will it be until we are all cash-free, but topped up?
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