An American company is cutting the waiting time for sports fans to purchase food and beverages at events.
Go deeper with GlobalData
Passage Inc. developed a wristband with RFID technology and an embedded stored-value chip to use in a cash-free express lane. Simply waving one’s arm in front of a reader completes the transaction.
The wristbands are usually free – often with sponsored logos – and for a $1.50 fee, fans can “load” them with funds using an on-site touch screen and their credit or debit cards. Strolling vendors will soon be equipped to allow spectators to use them from their seats. Several professional sports stadiums already use the system to boost sales, since line-ups keep people away from concession stands.
Free Report
What’s the forecast for the food and grocery industry?
- Market drivers and inhibitors
- Five-year forecasts and the impact of COVID-19
- The performance of the online channel versus offline
- Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
You will receive an email shortly. Please check your inbox to download the Report.
Free Report
What’s the forecast for the food and grocery industry?
- Market drivers and inhibitors
- Five-year forecasts and the impact of COVID-19
- The performance of the online channel versus offline
- Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
You will receive an email shortly. Please check your inbox to download the Report.
By downloading this Report, you acknowledge that GlobalData may share your information with GlobalData and that your personal data will be used as described in their Privacy Policy
Visit our Privacy Policy for more information about our services, how GlobalData may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.