NEAR FIELD COMMUNICATION TECHNOLOGY (NFC)
Near Field Communication Technology (NFC) is an already established payment method for mobile phones and debit cards. It requires a micro chip and a reader.The next function included in the product is a payment tool which is also based on Near Field Communication (NFC) technology. Instead of carrying cash money to the stadium, the “Ticket Wristband“ can be easily charged with electronic money, similar to other electronic payment tools based on this technology. The charging process can be proceeded in advance from home. The only additional tool needed for that is a working Wi-Fi connection. If one forgot to charge the “Ticket Wristband“ with e-money, this can be also done at the stadium also. For that, the user only needs a mobile phone to charge the wristband. Phone banking is a safe way to load the “Ticket Wristband“ with e-money. The final payment will then be booked from the user's credit card.