Concerts and events are about having a good time and enjoying whatever’s on stage, but waiting in lines – to enter, to get food, and then to leave – makes the experience far less enjoyable. Reducing the time spent waiting, RFID wristbands have turned into a popular solution for both checking in and making various purchases. Consider these reasons:
1. Making a Payment Takes Less Time
Customers can pre-fill an RFID wristband with any money they’d like set aside for food, drinks, and merchandise. As a result, all an attendee has to do is swipe or scan the wristband. Typically, at a concert or similar event, a backup forms because attendees need to get out a wallet, and the merchant has to scan and process a card or get exact change. Thus, cashless payments make the process run far more quickly. Already, large-scale events like Austin City Limits and Electric Daisy Carnival use approach this for all transactions.
2. Merchants and Bars Make More Money
Whether those in attendance buy a drink at the bar or a T-shirt from a merchandise table, those selling items at the event tend to make more money. Research shows that, because of cashless payments’ more efficient process, merchants can make up to 20-percent more at an event or festival.
3. Tracking Payments is Easier
Rather than deal with a large box of cash and coins or a lengthy list of transactions, RFID data for cashless payments has one major advantage in terms of organization: Vendor payments are far easier to track, which in turn helps with inventory management. As a result, you know which items are selling out quickly and need to be replaced.
4. Fewer Stolen Credit Cards
Unfortunately, live events – with lots of noise and packed crowds – tend to be opportunities for patrons to lose their wallet or purse. On the other hand, wristbands, which contain the RFID chip, need to be torn off to be stolen, for one. However, at the event, a stolen wristband can be quickly deactivated, preventing the thief from using the stored card data.
5. Less Time Waiting in Line
Whether you go to a smaller venue or a big stadium, one process is standard: Getting a ticket scanned to enter the seating area. This tends to take time, particularly if the barcode can’t be read, and RFID technology, here, too, is streamlining everything. All attendees have to do is walk past a scanner, which then reads the ticket purchased. As a result, the time spent in line is greatly reduced and prevents a backup from forming.
Interested in implementing RFID technology for your event? Work with Gateway RFID to see how it works and can be applied. To find out more, give our team a call today.