The Future of Payments at Live Events: Why RFID Has Taken Over
Cashless Is No Longer Optional
The live event industry is evolving faster than ever. Fans have come to expect seamless experiences. Everything from buying tickets to grabbing drinks should be as easy as possible, with the fewest steps possible, as quick as possible.
That’s why festivals and other live events around the world are shifting toward cashless payments, with RFID-powered point sales like ITX POS specifically leading the charge.
The Big Shift:
By 2027, 83% of in-person transactions are expected to be cashless (Visa, 2023).
Festivals and venues adopting RFID or NFC systems report 20–30% higher per-capita spend.
A recent Eventbrite survey found that 66% of attendees spend more money at events with cashless payment options. Why? Because convenience fuels sales. Long gone are the days of fumbling for cash or waiting in line for card readers to process. With RFID, a quick tap is all it takes.
A Better Fan Experience
Faster entry + shorter concession lines = more time enjoying the event.
Safer: no lost cash, reduced theft.
At Intellitix, we’ve seen RFID-enabled point of sale in action. One of our major North American festivals saw a 22% boost in onsite revenue after implementing RFID POS.
You win:
Real-time sales reporting for smarter staffing + inventory.
Higher transaction volume and higher average ticket size.
Brand activations built into the wristband or badge experience.
For event operators, this is more than tech, it’s strategy. Faster lines mean happier fans. Happier fans spend more. More spend equals stronger revenue.
ITX POS makes cashless payments seamless with wristbands/badges, tap and mobile.
Easy adoption across festivals and live events
Proven to boost revenue while lowering operational headaches.
The RFID advantage is clear. This technology transforms how transactions happen at events and how guests enter and access certain areas onsite - making everything faster, safer and smarter.