The advantages of cashless for your event

For several years, the cashless payment system is attracting more and more event organizers and their participants, becoming the new indispensable tool in the sector. In addition, developers of cashless applications like Wilout, are making sure to add more features to meet the new needs of users and secure payments.

But what are the many advantages that cashless technology brings to your event? Discover in this article how this payment method can replace traditional payment and provide an experience Secured !

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Are you looking for a cashless payment solution for your event?

Discover Wilout PAY, the cashless solution that turns your event into an experience that is as smooth as it is secure. With Wilout, enjoy a simplified payment management, of lightning-fast transactions And of a enhanced payment security. Our customizable media with NFC chip and our intuitive interface facilitate the experience of participants while optimizing your income. Contact us now for personalized support and a free quote.

The advantages for organizers

Whether in the technical aspect, or for the optimization of sales and marketing, a good cashless payment solution will improve the overall management of your event.

Payment security

The cashless payment system secures transactions thanks to NFC technologies, RFID, and data encryption. He protects your participants against theft with strict security protocols, such asenhanced authentication, allowing in case of loss of their cashless support to quickly block the account and avoid fraudulent transactions. These systems are regularly updated to ensure compliance with the latest security standards.

Simplified payment management

Every organizer knows that managing the finances of their event is often synonymous with headaches, especially when it involves collecting and counting all the cash generated. By using a cashless payment solution, you benefit from a management interface to give you a clear vision of your financial flows. Transactions from all your various cashless payment terminals are instantly recorded and combined in one place, and you can easily export your accounting reports at the end of the event.

Offline mode

One of the strengths of cashless is its ability to function without an internet connection. In the event of a loss of network, payments are guaranteed, which allows you to continue ensure transactions without any interruption. This is a considerable advantage, compared to credit card payment methods, requiring an internet connection to succeed.

Customizing cashless supports

A bonus, but not least, is the ability to create personalized payment supports in the colors of your event, or your sponsors. These objects will leave a lasting impression on your participants, while strengthening the identity of your event.

Speed of transactions

When we think of cashless, we very often think of the first place transaction speed that this one allows. Indeed, this speed makes it possible to Reduce waiting lines, which encourages more purchases, and therefore Increase your sales.

Sales optimization

Thanks to detailed reports on your sales, you can adjust your strategy in the field in real time. For example, observe the performance of your points of sale and replenish resources where the influx is greater, or strengthen the teams at certain points of sale.

Price flexibility

One of the advantages of cashless is the possibility ofapply a fully personalized pricing policy. Whether it's to adjust the prices of your products or to offer specific offers, you have total control over pricing, including the ability to manage different currencies for international events.

Increase your income

The cashless payment system allows maximizing your income in a number of ways. In addition toincrease in sales thanks to faster payments, you can generate additional revenue with cashless support activation fees, refund fees, and balances not claimed by participants, while reducing the usual bank fees.

Varied charging solutions

Offer several options to your participants to recharge their cashless wallets:

• On site, dedicated recharging points, called” cashless banks ”, allow them to credit their account via cash or bank card.

• The Reload online allows festival-goers to create an account and credit their account remotely, even before the event. It has a tendency to encourage more charging during the event, offering them more flexibility and fewer constraints.

We invite you to make these two options available for increase the reload rate, and therefore consumption.

Reducing the ecological impact

By opting for a solution of cashless payment, you reduce the use of paper and plastic, by eliminating physical tickets and tokens. This approach eco-responsible can contribute to strengthening your image in the eyes of your environmentally aware participants.

Chez Wilout, our bracelets and cards NFC are made from recycled and renewable materials, and we are committed to using green datacenters, primarily powered by renewable energies.

The benefits of cashless for participants

Deploying a cashless payment solution also brings several advantages for your participants, and will increase their esteem for your organization. In this section, let's see some of the benefits of cashless for users.

A pleasant experience

No more stress for your participants to look for their change or bank card. A simple payment with their cashless support is enough to pay for their purchases, and they can take full advantage of the event. Fast charging via their online account also contributes to theimproving their experience.

Enhanced security

As we mentioned earlier, Cashless payment ensures maximum data and transaction security. Participants no longer have to carry cash or bank cards, which reduces the risk of theft or loss. Each transaction is protected, offering peace of mind to your guests.

Comfort and time savings

Fewer lines mean more time to enjoy the activities! In addition, your participants can Track their expenses in real time from their account, which allows them to stay in control of their budget and to avoid unpleasant surprises. They can also set a payment limit to better manage their expenses.

Sharing made easy

Cashless also facilitates exchanges between participants: it is easy to offer a drink or a snack to a friend thanks to the flexibility of the solution allowing simple payment. This type of sharing brings even more conviviality to your event.

The future of cashless in events

Cashless technology is still only at the beginning of its emergence. With the advance of innovations such as artificial intelligence and biometric technologies, developers of cashless payment applications have not finishedimprove this solution.

By opting for a cashless payment solution, you show your participants your ability to follow emerging trends and technologies, which will reinforce the image of your event in their eyes.

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In summary, the cashless payment is a solution that is as beneficial for organizing your events as it is for your participants. He secures transactions and simplifies financial management thanks to its automated functionalities. Cashless also contributes to reduce environmental impact and adapts to new expectations in terms of dematerialized payment. Adopting this solution allowsoptimize the management of an event while projecting a modern image.

With Wilout PAY, offer a smooth, advanced and secure experience to your participants, while optimizing the management of your finances And in reducing the ecological footprint of your event. Ready to transform your events? Discover our Wilout PAY solution now, and contact our team for a personalized quote.