There was a turnover increase of up to 60%. The revenue generated from the remaining balances averaged €2.80. Return on investment achieved an average ROI of 2.7x.
A functional and collectible item for both spectators and participants. A refreshed and innovative image for your event. A contemporary advertising platform for your sponsors.
Decreased waiting times with a payment process three times faster than using a credit card. Reduced expenses associated with cash management (loss, theft, security). Hardware ready for immediate deployment, ensuring an instant launch.
A functional and collectible item for both spectators and participants. An updated and innovative image for your event. A cutting-edge advertising platform for your sponsors.
Conventional payment methods like cash, tokens, paper vouchers, credit cards, and checks prove inconvenient and time-consuming for both athletes and spectators at your event. Implementing an NFC card or wristband offers a streamlined alternative to traditional payment methods, enabling participants to access a digital wallet. This transition mitigates the risks associated with managing conventional payment means.
Traditional payment methods such as cash, tokens, paper vouchers, credit cards, and checks prove impractical and consume significant time for your staff, whether it’s athletes participating in your event or spectators attending it. Utilizing an NFC card or wristband allows for the replacement of conventional payment methods, providing participants with a digitalized wallet. This eradicates the risks linked with managing traditional payment means.
Adopting a cashless system offers a touch-free experience for everyone. Fans are relieved from the burden of carrying cash or cards, resulting in shorter transaction times and reduced queues. This allows fans more time to fully immerse themselves in your unforgettable events. Moreover, you can craft seamless, personalized experiences for your fans by sending them promotions and offers tailored to their behavior. This not only enhances their experience but also encourages increased spending and fosters loyalty.
The “Assistance Control” project was inspired by the basic idea of the “Bologna Process”, a Pan-European collaboration which started in 1999, to adapt technology to provide a better quality of education that would allow improvement of the next generation of classroom teaching.
The best project finally chosen and tested involved students registered for classes with NFC phones, during the academic year 2011–2012 at “Universidad Pontificia de Salamanca, Campus Madrid” (UPSAM).
This resulted in the senior students at the School of Computer Engineering to certify 99.5% accuracy and ease of attendance that ensured continuous assessment without loss of instructional time allocated to this activity.
Source : Science Direct Volume 40 Issue 11, 1st September 2013, Pages 4478-4489
