HOW DO CASHLESS PAYMENTS WORK?
A cashless payments solution on-site allows your vendors to process transactions with increased speed and security.
Prior to the event, attendees load funds to their ‘digital wallet’ which is then connected to an RFID chip for use on-site (usually in the form of a wristband or plastic card). Once at the event, attendees can also then ‘top-up’ their account at one of the designated stations on-site, or via the mobile platform.
When wanting to purchase food, drink or merchandise on-site, attendees tap their RFID chip on the reader at each vendor stand to make payment. Funds from their digital wallet are transferred in real-time to complete the transaction ad this is tracked against the specific vendor for settlement post-event.