How the System Works

Wristband Component

NFC NTAG216 Chip

• Memory: 888 bytes
• Unique UID: 7 bytes, impossible to clone
• Reads: 100,000+ cycles guaranteed
• Frequency: 13.56 MHz

Wristband Material

• Medical silicone: Comfortable, hypoallergenic
• Resistance: IP68 (submersible)
• Temperature: -25°C to +70°C
• Closure: Irreversible (anti-transfer)

Customization

• Full color print on silicone
• Event logo, sponsor
• QR code for activation
• Unique numbering

IT Infrastructure

POS Terminals

• NFC reader + display + keyboard
• Connectivity: WiFi + 4G backup
• Battery: 8-12 hours operation
• Offline mode: Local transactions with later sync

Central Server

• Real-time database
• Processing: 1000+ transactions/second
• Redundancy: Cluster for 99.99% uptime

From Production to Reconciliation

Pre-Event

Wristband Production (4-8 weeks before)

1. Approved graphic design
2. Silicone production with NFC chip
3. Customization (printing)
4. 100% testing - chip functionality verification
5. Packaging and delivery

System Setup (1-2 weeks)

1. Server and database configuration
2. POS terminal setup
3. Products and prices configuration
4. Staff training
5. End-to-end tests

During the Event

Wristband Activation

• Attendee presents ticket (QR)
• Wristband is associated with ticket
• Optional: Initial credit loading

Top-up (Reloading)

• Dedicated points or at any POS
• Payment: Bank card, cash, Apple/Google Pay
• Credit available instantly

Consumption

• Tap wristband on terminal
• Automatic deduction
• Optional receipt (email/SMS)

Post-Event

Unused Credit Refund

• Online: Form with bank account
• On-site: Last hours of event
• Policy: 100% refund or donation

Hardware for Operations

Point-of-Sale Terminals

Standard Bar/Food Terminal

• Display: 5-7" touchscreen
• NFC Reader: ISO 14443A
• Connectivity: WiFi + 4G
• Battery: 5000mAh (8h intensive use)
• Price: €300-600

High-Volume Terminal

• Large display for visual menu
• Multiple NFC readers (parallel)
• Integrated receipt printer
• Fixed mount with power supply
• Price: €800-1500

Portable Terminal

• Handheld, lightweight
• For roaming vendors
• Carrying strap
• Price: €200-400

Top-up Stations

Self-Service Kiosk

• Accepts: Card, cash, contactless
• Receipt printing
• Multilingual instruction display
• Security: Metal enclosure, anchored

Staffed Point

• Terminal + cash acceptor
• Faster processing for large queues
• User assistance

Management Platform

Organizer Dashboard

Real-time Monitoring

• Sales per minute/hour/day
• Top products and vendors
• Activity heatmap by zones
• Total credit level in circulation

Product Management

• Catalog with categories
• Prices and VAT
• Inventory (inventory integration)
• Promotions and happy hour

Vendor Management

• Separate accounts per vendor
• Configurable commissions
• Individual reports
• Automatic settlement

Attendee App

Features:

• Balance check
• Transaction history
• Online top-up
• Refund request
• Point of sale map

Integrations

• Ticketing: Eventbrite, See Tickets
• Payments: Stripe, PayU
• Accounting: ERP export
• CRM: Marketing data (opt-in)

System and Money Protection

Technical Security

Wristband Authentication

• Unique UID verified server-side
• Balance not stored on wristband
• Impossible to modify credit locally

Communications

• TLS 1.3 for all connections
• Certificate pinning in terminals
• VPN for backend communication

Offline Mode

• Configurable transaction limits
• Synchronized blacklist
• Reconciliation on reconnect

Fraud Prevention

Protected Scenarios:

Wristband Cloning - UID cannot be cloned on standard NFC tags. System verifies authenticity.

Lost Wristband - Attendee reports, wristband is blocked instantly. Balance transferred to new wristband.

Compromised Terminal - Mutual terminal-server authentication. Unknown terminals rejected.

Staff Manipulation - Complete audit trail. Suspicious behavior alerting (multiple refunds, cancellations).

Successful Implementations

Music Festival - 30,000 Attendees

Context: 3-day festival, 50 points of sale, 15 vendors.

Solution:

• 35,000 wristbands produced
• 80 POS terminals
• 6 top-up kiosks
• 10 staffed top-up points

Results:

• Average transaction time: 2.8 seconds
• F&B sales increase: +28%
• Unused credit (donation): 4%
• Zero security incidents

Water Park - Full Season

Context: 200,000 visitors/season, permanent system.

Implementation:

• Reusable wristbands with deposit
• Access control integration
• Locker with wristband lock
• Integrated parking payment

Results:

• -45% time at cash desk
• +35% secondary revenue
• 92% wristband return rate
• Customer satisfaction: 4.7/5

Stadium - Major Match

Context: 55,000 spectators, 4-hour event.

Challenge: High volume in short time (halftime = peak).

Solution: Mandatory online pre-loading, 200+ terminals.

Result: Zero queues over 2 minutes at halftime.

Investment and Profitability

Direct Costs

Wristbands (volume 10,000+):

• Silicone wristband + NFC: €0.80-1.50
• Full color customization: +€0.20-0.40
• Shipping: +€0.05-0.10

Hardware:

• Terminals (rental): €50-100/terminal/event
• Kiosks: €200-500/unit/event
• Network infrastructure: €500-2000

Software and Services:

• Platform: 0.5-2% of transactions or flat fee
• Setup and configuration: €1000-5000
• On-site technical staff: €500-1000/day

Organizer Business Model

Revenue Sources:

• Vendor transaction commission: 5-15%
• Float (loaded unused money): 2-5%
• Wristband sponsorship
• Data insights (anonymized)

Typical ROI:

• 10,000+ attendee event: Profit from first edition
• Break-even: ~5000 attendees
• Net margin: 8-15% of transacted volume

Implementation Plan

Typical Timeline

T-12 weeks: Kick-off

• Requirements definition
• Vendor selection
• Contract and timeline

T-8 weeks: Design

• Wristband design
• Platform configuration
• Products and vendors definition

T-6 weeks: Production

• Wristband sample approval
• Series production
• QC testing

T-2 weeks: Setup

• Equipment delivery
• Infrastructure installation
• Staff training

T-3 days: Go-live Prep

• End-to-end tests
• Load simulation
• Backup plans

Critical Checklist

• Internet redundancy (2 ISPs)
• Backup batteries all terminals
• Offline mode plan
• Lost wristband procedure
• 24/7 support contact
• Cash backup for emergencies

Transform Your Event Experience

Cashless wristband systems are no longer a luxury - they're the expectation of modern attendees and a competitive advantage for organizers.

Benefits Recap

For Attendees:

• Smooth, cashless experience
• Security (lost wristband ≠ lost money)
• Speed at purchase

For Organizers:

• 15-30% revenue increase
• Total control and visibility
• Cash handling elimination
• Data for decisions

For Vendors:

• Guaranteed transactions
• Fast settlement
• Detailed reports

Torcip Solution

Torcip offers the complete solution for cashless events:

• Custom Wristbands - In-house production, guaranteed quality
• Robust Hardware - Terminals tested in extreme conditions
• Flexible Software - Configurable for any event type
• Dedicated Support - On-site team for major events

Contact us for a personalized quote and transform your next event into a successful cashless experience.