Events, conferences, and concerts going cashless
Mega-events like music festivals, world business conferences, sports events are getting digital which directly impacts the customer experience. Moreover, it compels organizers to contemplate their workflow. This phenomenon began with digital access control, digital ticketing, and the rest of the cashless payment loops that are present inside the event venue. The main objective behind going cashless was to eliminate a massive amount of cash that was circulating in the events thus causing problems like cash miscount and theft.
Event organizers are now leveraging NFC and RFID powered bracelets to allow their participants with quicker control for multi-access and for increasing average spent in restaurants, shops, and bars. Moreover, it also offers better traceability of merchandise and monetary fluxes during the events.