Cashless Payments, Evolved

Venues both large and small can now leverage the speed and statistic-gathering power of closed-loop cashless payments without the need for reliable Internet coverage or expensive on-site support. Try it now with our free demo app for Android.

Offline Transactions

WristCoin can operate without external connectivity at the event site. A one-time download of event data beforehand lets the system operate in an offline fashion, preventing connectivity drop-outs from disrupting events.

Online Statistics

When connectivity is available, WristCoin reports transactions to the central server, which processes, validates, and collates them in order to provide event organizers with live event statistics.

Customizable

WristCoin's guest wristbands come with customisable branding in a variety of form factors and materials. Wristbands can be swapped out for rigid plastic cards, stickers, or even keychain attachments.

Secure NFC

WristCoin uses advanced EAL4+ certified DESFire® EV1 NFC chips featuring 128-bit AES encryption in order to provide a cashless payment solution that prevents attackers from cloning cards or "sniffing" information.

Scalable Architecture

As WristCoin processes transactions offline, it can easily scale to support any number of guests. Whether managing fifty guests or fifty thousand, WristCoin will provide a smooth experience for attendees and employees alike.

Multiple-Vendor Support

WristCoin natively supports events with multiple vendors who may sell overlapping items. By using our simple but flexible menu specification system, WristCoin can accommodate any vendor configuration.

Pricing

Staff Terminals

Weekly Rental



Terminals for use by vendors, administrators, and other event staff.


$250

weekly rental fee per terminal

Staff Terminals

Purchase



Terminals for use by vendors, administrators, and other event staff.


$350

per terminal

$5 off orders of 100+ terminals.


After the first year, a $60 annual fee per terminal will apply.

Guest Wristbands

Purchase



WristCoin secure NFC guest wristbands.


$2.00

each for orders of up to 1000 wristbands

$1.80

each for orders of up to 5000 wristbands

$1.75

each for orders of up to 10,000 wristbands



For orders of over 10,000 wristbands, please contact us.


$0.40 reuse fee per wristband

Using WristCoin

Create An Event

Log in to your WristCoin online event administration dashboard and create a new event. Once the event has been created, you can start specifying menu items, categories, vendors, and assigning employees for your event. Don't worry, you don't have to specify everything all at once; as long as you make sure to synchronize the event data on the employee terminals after updating, you can make changes to your event whenever you want.

Order Equipment

Once you have an idea of how large your event will be, you can place an order for enough wristbands and employee terminals to keep everything running smoothly. If you want custom branding on your wristbands or a different form factor altogether (cards, keychains, etc.), we can accommodate most reasonable requests. When your WristCoin wristbands arrive, feel free to distribute them at the event or send them out to guests beforehand.

Top Up

When a guest wants to add money to his or her wristband, they simply visit an employee who is trusted to handle topups. Once the employee has issued the topup, the balance is available without any delay and with no internet connectivity needed.

Sell Items

To make purchases, the guest visits a vendor and tells them which items they would like to buy. The vendor then selects those items and taps the guest's wristband to deduct the funds. Just like topups, the transaction is immediately processed without any internet connectivity needed.

Request and Apply Reversals

If a mistake is made in an order, the guest visits the vendor who processed the order and requests a reversal. If the employee agrees with the request, they can then put a pending reversal request on the guest's wristband. At this point, if the employee is also trusted to approve reversal requests, they can immediately approve it.

Alternatively, if the organizer wants a manager or similar trusted individual to be required to approve reversals, the guest then visits the manager to get the request approved and balance added back to their wristband.

As with all other WristCoin operations, this whole process can proceed seamlessly without internet connectivity being available.

Close Out Wristbands

When the guest is ready to leave the event, they can visit an employee who is approved to "closeout" wristbands to have their wristband deactivated. The employee can then optionally refund the wristband's remaining balance (or some portion of it). After the wristband has been closed out, it can no longer be used for for purchases or topups, preventing a guest from continuing to make purchases after receiving a closeout refund.

Review Statistics

During your event, the WristCoin dashboard will be updated with event statistics as they become available. Once your event is complete and all terminals have synchronized, these statistics will allow you to analyze the results of all the financial transactions that occurred at your event.

That's It!

Never has it been so easy to add cashless payments to your event as it is now with WristCoin. If you're still not sure if WristCoin is right for you, download our employee terminal demo app from the Play Store to help you make your decision.

This demo app replaces the actual server and wristband communication components of the employee app with simple placeholders, so you can get a feel for how WristCoin operates without needing any special equipment other than an NFC-capable Android phone and any NFC card or wristband to take the place of the WristCoin wristbands. Note that no data is read from or written to the card or wristband, so feel free to use whatever you have on hand without worrying about disturbing any data that may be present.

Applications

Golf Courses

  • Speed up transactions, save fees, and sell more.
  • Make it easier for your golfers to buy more, faster.
  • Eliminate cash & credit card transactions on property.
  • Prevent fumbling around for cash or credit cards.
  • Avoid unnecessary credit card transaction fees.
  • Keep the beverage cart in motion, selling more.
  • Break dependence on internet transactions.
  • Secure and control member accounts.
  • Leverage your existing membership system.

Charity and Non-Charity Tournaments

  • Encourage greater participant involvement.
  • Streamline mulligan and drink purchases.
  • Facilitate donations.
  • Increase sales for charity or organizers.
  • Offer sponsorship opportunities.
  • Simplify set-up and event-day usage.

Food, Drink and Music Festivals

  • Break dependence on internet transactions.
  • Avoid frustrating lineups at vendor stands.
  • Eliminate credit card transaction fees.
  • Save time with cashless payments.
  • Bypass awkward cash handling.
  • Increase customer count.
  • Generate more revenue.
  • Acquire comprehensive event data with ease.
  • Take advantage of increased security.
  • Allow patrons to focus on the experience.

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WristCoin Now Available!

Have Questions?

If you have questions about WristCoin or would like to learn more about how you can leverage its state-of-the-art offline closed-loop cashless payment capabilities to improve your event experience, send us an email below and we'll do our best to answer them.

If you don't have any questions and just need a quick reference on what WristCoin is and how your event will benefit from its capabilities, please download our one-pager.

Download One Pager