NFC wristbands are plastic or silicone wristbands with a radio frequency chip (NFC chip) that can transmit information without contact over short distances. The chip is usually insulated to resist water, humidity, and sweat. When the wristband is brought close to a reader, it sends a low-power radio signal that the reader or POS terminal picks up, making a connection in less than a second.
NFC wristbands can be used for a variety of purposes, including:
Payments
The chip can act as a digital wallet gateway, allowing users to make cashless payments.
Identification
Users can store identification data on the chip, such as linked credit cards.
Events
NFC wristbands can be used as event tickets, to provide VIP access, or to share information with guests. They can also be customized with branding or connected to social media accounts.
Networking
NFC wristbands can be used as smart networking tools to share contact information with potential clients or partners.