PayPal Demos RFID Payment Bracelets

PayPal is promoting new contactless payment bracelets custom-designed for concerts and festivals.
The bracelets use RFID technology to enable the cashless payments; users simply need to link their PayPal accounts to the devices and they are off and running. It’s a novel solution aimed at making it easier to buy food, merchandise and other products without having to carry one’s whole wallet around at a major concert, music festival, or other such event.