What is NFC technology?

Introduction to NFC technology

La NFC (Near Field Communication) technology allows the exchange secured of data between two compatible devices located in the immediate vicinity, usually within a radius of 4 centimeters. This solution is even faster than the one found in bank cards, allowing for contactless payments.

In events, this technology is mainly used in cashless payment methods, and the badges for the access control. It has several advantages for the sector:

• Instant data transmission (less than 0.1 seconds)
• Intrinsic safety due to the proximity required
• Low energy consumption
• Compatibility with existing infrastructures

As an organizer, you can use this technology to the advantage of your event, to improve the payment experience on your events thanks to cashless system.

NFC technology in the cashless payment system

The cashless payment system Integrate the NFC technology to create a closed financial ecosystem and ultra-secure within your event. This system consists of the following components:

Cashless payment methods : Wristbands, cards or badges equipped with NFC chips that serve as virtual wallet for the participants. These customizable supports also become communication vectors for your event, thanks to customization options.

Payment terminals : Devices NFC readers installed in points of sale which allow fast and secure transactions to be carried out by simple contact with the participant's cashless support. They have the appearance of a mobile phone, and are equipped with a cashing application for cashless payments.

Management infrastructure : It is the centralized platform that records all transactions, manages user accounts and provides analytical data valuable for the organizer.

This system brings considerable benefits for the management of your events:

1. Optimized operational efficiency : Significant reduction in transaction times at points of sale (around 3 seconds per transaction compared to 15-20 seconds for a traditional payment)
   
   
2. Strengthened financial security : Elimination of risks associated with cash handling and reduction of fraud
   
   
3. Analysis of consumer data : Access to accurate information on purchasing behavior, making it possible to optimize the offer and logistics
   
   
4. Increase in turnover : Sectoral studies show an average increase of 15-30% in the average basket with the use of a cashless system
   
   

NFC technology for all types of events

NFC technology adapts perfectly to all event formats. You can use this tool regardless of the nature of the event organized:

• Festivals and concerts : The cashless payment bracelets offer an ideal solution for large-scale events, and are also very popular for such events thanks to their practicality.
• Event lounges and conferences : The logoed cashless cards facilitate transactions between participants and exhibitors, and serve as advertising media for your partners.
• Sporting events : Cashless payment methods allow you to streamline and accelerate purchases at the refreshments and shops, so as not to miss anything about the match.
• Student evenings and galas : The system of dematerialized payment secures and offers a simpler financial management for students.

The Wilout cashless payment solution

Among the solutions available on the market, Wilout has developed, thanks to a thorough understanding of the sector, a tool that can be adapted to all situations. This event payment solution offers a complete ecosystem, easy to use, based on NFC technology:

• Customizable supports : You choose and personalize your supports : customizable cashless bracelets and logoed cashless cards adapted to your visual identity
• High-performance cash terminals : Benefit from TPE cashless designed to withstand the demanding conditions of events (extended autonomy, weather resistance, optimized connectivity...)
• Intuitive management platform : Your administration interface offers you a real-time visibility on the transactions and activity of the points of sale of your event
• Multi-channel charging system : You can choose to activate the cashless recharge online before the event, and on site via cashless banks Dedicated
• Advanced statistical analysis : Your management interface gives you access to numerous analysis tools and business to fully exploit the data collected

In short, the solution Wilout adapts to events of all sizes, from festivals welcoming tens of thousands of participants to more intimate professional conferences.

You want discover the solution ? Book a demo with one of our advisers.

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La NFC technology applied to cashless payment systems represents a strategic investment for any event organizer. It transforms the buying experience of your participants and improves your operational efficiency, as well as the financial profitability of your event.

Les cash payment terminals equipped with NFC readers, combined with customizable supports such as cashless bracelets or cards, are now becoming essential to ensure the quality of an event. To continue to meet the expectations of your audience, whether in terms of modernity or practicality, Adopt a cashless payment solution now.