[email protected] Product Catalog → India RFID Store

Cashless Payments with NFC

We have developed an NFC-based cashless payments platform — a closed-loop prepaid wallet built to promote cashless transactions in canteens, educational institutions, hospitals, gyms, hotels and amusement parks.

The NFC platform integrates seamlessly with the access control module, so the same contactless NFC card that pays for lunch also opens the doors it should. We offer it as a monthly service-based model hosted on the cloud or as a complete enterprise software package to suit your requirement, with Android and iOS apps included as an add-on feature of the monthly model.

Silicone NFC RFID wristbands for cashless payments

How it works

One contactless credential — an NFC card for a canteen or hospital, a silicone wristband for a festival or amusement park — carries both the guest’s identity and their prepaid balance:

1

Issue

Members or guests pick up their NFC card or wristband at reception, the school office or the entry gate; value is loaded at a top-up counter or through the companion app.

2

Tap

At the canteen till, tuck shop, ride entry or spa counter the guest simply taps to pay — and the same tap opens doors, since the wallet and access-control module share one credential.

3

Reconcile

Every transaction lands in the central wallet platform: a clean ledger per outlet and per member, with leftover balances returned when a band is surrendered.

What’s included

The wider RFID wristband catalogue covers silicone, fabric and tamper-evident bands. On the software side, the closed-loop prepaid wallet platform ships with Android and iOS apps and runs either as a cloud-hosted monthly service or a one-time enterprise licence. Festival-scale deployments of the same model run on IDPay, Identium’s payment engine, scaled up for thousands of simultaneous wristbands.

Key benefits

  • Cards, wristbands and readers are produced and encoded by us, so your institution deals with one supplier for the entire cashless stack.
  • Payment and access control run on a single credential — fewer cards to issue, fewer to lose.
  • Closed-loop spending stays inside your venue’s ecosystem: no card networks at the counter, no overcharging disputes, and no cash floats for staff to manage.
  • Flexible commercials: start on the monthly cloud model, move to an enterprise licence when you scale.
  • Deployed in Indian canteens, campuses, hospitals, gyms, hotels and amusement parks.

Download the IDentium Cashless Transaction Proposal for Educational Institutions

To request a demo, please contact us

Related: Hospitality · Education · Healthcare & Pharma

Need pricing, samples or a demo?

Talk to our RFID specialists — we manufacture in India and ship nationwide.