Wireless payments will get better with 5G
We recently met up with Worldpay (Rebecca Hollick) to talk about wireless payment systems for events. And the tried and tested format of :
- Signing up for a Merchant Account with a per transaction fee, service charge, and authorisation fee.
- Hiring handsets for events with a monthly fee for hire
is still relevant.
The merchant element is fairly standard but the rise of #5G will ensure
a) better coverage for events and
b) speedier connection/authorisation (even though the full transaction will still take 3 days for monies to hit your account).
So if you’re attending or planning an outdoor event (#festival, #wedding etc.) and historically the #WiFi hasn’t been good come #2020 this will be a lot better!
To talk about your next outdoor event email: email@example.com