Why cashless?

Jurc Kastelc
Olaii
Published in
3 min readOct 11, 2017

This is not a big secret, but more and more festivals are moving from cash to cashless cards or wristbands in order to increase their revenue and take control over the events organization. The revolution started few years ago when the world’s biggest festivals integrated cashless systems. And this is the time to take all events to the next logical step in the evolution.

Bring your event to the digital age, with Olaii Cashless.

Our vision at Olaii is to make the whole event going experience totally free of any distractions that lies on the path of having fun. We would like to free event managers of the burden of having to deal with cash and bring them to the digital age. Olaii Cashless ecosystem can achieve all of that with quick and safe experience, quality service and innovative solutions

What are the biggest benefits for the event managers?

They take control of the cash flow: Never again will they have to worry that their concession partners will transfer funds to them in time. With the new cashless ecosystems they can control and have absolute overview over the cash flow. Plus they only have to manage top-up stations cash drawers!

They reduce queues: Whether they are running a nightclub, producing a one day event or organising a week long festival, they know that serving more customers in a given time-frame is crucial. With Olaii they will be able to reduce queues to the minimum.

They gain time sales information: Keeping an eye on your sales performance, stock level and many other key metrics is important. The back office analytics offers you inside look at the event in real time.

They Increase sales: Our partners report up to 35% increase in sales. This is a result of shifting from many conscious transactions by the visitor to only one — when they deposit the funds.

Cashless payment systems are the step in the right direction. It simplifies everything and makes transactions faster. The main goal is to lead everything to a more enjoyable live event experience. Event managers benefit from countless marketing and pricing opportunities that are opened with the integration of cashless systems. They also get full control over cash flow and operating costs.

More about Olaii Cashless:

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