Music lovers attending the three-day Wireless Music Festival in London's Hyde Park this year will be able to leave their wallets at home and experience a cashless event by signing up for Barclaycard-issued contactless wristbands.
For the first time at a major live UK music festival, all vendors will be kitted out to accept contactless payments, including Barclaycard debit cards, mobile-equipped PayTags and the new Barclaycard PayBand.
Tom Gregory, head of digital payments at Barclaycard says: " We're really excited by the possibilities Barclaycard PayBand offers as a wearable, secure and easy way to pay when you're out and about at the festival. Alongside QuickTap and Barclaycard PayTag, we're exploring the versatility that contactless offers as an alternative to cash."
Barclays is offering a number of incentives to encourage PayBand sign-up, including a £5 top-up, fast track entry, goody packs, the chance to win back stage tours, VIP upgrades and entry to the Barclaycard Unwind 'perk park' with luxury loos and a photo-booth that can instantly upload their photos to Facebook.
Users will be able to top up their wristbands online before the festival, or on site using any Visa or MasterCard credit or debit card. Help points and roaming Barclaycard staff will be on hand to help with top ups and to report lost or stolen PayBands.
Barclays is offering a 100% fraud refund guarantee against lost and stolen wristbands from the time the loss is reported. The PayBands will be live only for the festival period and will be deactivated after the event. Any remaining money on the PayBands will be refunded to the original card shortly after the festival.