London music festival goes completely cashless with NFC
Undoubtedly, one of the perils of going to a music
festival is what to do with your cash. Do you bring it all with you and risk
losing it in the melee and spending it all on T-shirts and beer? Or do you leave
the majority in your tent and pray that some light-fingered rapscallion doesn't
steal it?
This year's Barclaycard Wireless
Festival will ease those worries somewhat by becoming the first event of its
kind to go completely cashless. Vendors will all accept contactless payment
methods.
Revelers will be able to load up a
Barclaycard PayBand, which sits on your wrist, with dough beer tokens before
entering the event and just flash them at the bartender. As well as forgoing
the need to carry cash and cards, it should save time and ease queues too.
The festival vendors will also accept
over contactless methods like QuickTap, an NFC-based mobile payments solution
from Barclaycard and Orange and BarclayCard PayTag, a sticker that can be
placed on the back of any mobile handset and works as an extension of a credit
card.
Payments of up to £20 will be
accepted using the payment methods and with PayTag or PayBand users won't have
to enter a pin or sign their names either.
Tom Gregory, Head of Digital Payments
at Barclaycard said: “We are immensely proud to be the first to go completely
contactless and offer the choice of a cashless experience at London’s largest
music festival. We’re really excited by the possibilities Barclaycard PayBand
offers as a wearable, secure and easy way to pay when you’re out and about at
the festival. Alongside QuickTap and Barclaycard PayTag, we’re exploring the
versatility that contactless offers as an alternative to cash.”
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