With the NFC-enabled smart wristband provided by Bitcard, payments can be made easily at festivals and bars without the need for a wallet or credit card!
Today, there are many ways to improve payment methods.. One of them is the method of paying with wearable devices.. While cryptocurrencies are entering every part of our lives, Ireland-based discount gift card provider Bitcard, with its new product called Festy, allows its users to pay using Dash crypto currency with the help of a wristband. makes it possible to. Festy, which was launched yesterday, offers a solution to pay for food and drinks at festivals and bars with Dash with its QR code and NFC integrated chip. there is no such thing as keeping the balance on the Festy platform. Since there is no intervening provider, there is no delay in transactions, so it is not possible to suffer from grievances. Apart from that, the contracted businesses can also directly convert the Dash payment they receive into cash. In this way, there is no problem for businesses in line with today’s conditions.. Festy, which works on a prepaid basis, receives its payments with cash from contracted ATMs and the transaction is carried out simply.
Festy co-founder Graham de Barra said in a statement
“The reason why we cooperate with Dash is that the solutions provided by Dash for daily money transfer are very successful.. We couldn’t have done better to offer a safer and less costly way for businesses without 2-5% commissions like credit cards. We believe Festy will be the payment method of the future!”
Festy prototype announced and expected to be fully available in the last quarter of 2017.
Source: Finance Magnates