April 21, 2014
NFC enabled phone shipments are expected to grow at 37% CAGR to 1235 Million sets in 2018, according to a new report by Lets Talk Payments. In addition to this, it has been estimated that over 30 festivals around the world made use of RFID technology in 2012, a larger part of them happening in the U.S. Some of them have been discussed below:
Liverpool Sound City Festival:
ZNAP, the flagship product from MPayMe, provided a much more convenient experience for than usual for 15,000 people at the 2014 Liverpool Sound City Festival. Ticketholders were allowed to download the ZNAP app and pair it with their NFC festival wristband, which inturn provided them with quick access to the venues and faster service at the bars - where they could just pay by tapping the NFC wristband on the ZNAP reader.
We’re thrilled Sound City has chosen ZNAP to support their continued drive for innovation and desire to offer their customers a greatly enhanced experience. Sound City is the largest festival of its kind in the UK and staged at venues across the city, so having ZNAP’s technology to make access and payment quicker and more convenient through a quick tap of a wristband will bring real benefits for everyone, said European CEO of ZNAP, Hooman Mazaheri. Festival goers can download ZNAP now and prepare to get a taste of a smarter and mo ...