Thursday, May 11, 2017

TNW Conference is teaming up with PayPal and Glownet to go cashless

Since TNW Conference’s inception, we’ve been using the trusted tokens found at festivals and events the world over: pay a cashier or machine some (a lot of) money, get handed some plastic tokens, spend some of aforementioned plastic tokens, come home to discover you still have €50 worth of (now useless) plastic tokens tucked away in your pocket. It’s a convenient system for vendors: waiting times are slashed, payments are simplified, and you can make some residual profit on any tokens that don’t end up being spent. But it isn’t very fair for attendees, and it certainly isn’t very tech.…

This story continues at The Next Web

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