Credit Card-Accepting Guitars May be the New Way to Pay Street Guitarists
Vittoria Natarelli — September 13, 2010 — Tech
References: newslite
Credit card-accepting guitars may soon be the rocker's new choice instrument. A busker in London refuses cash payments and only accepts money for his performances via credit cards. The street rocker Peter Buffery plays on a guitar that has a ‘contactless technology’ feature which allows passers-by in Soho Square to ‘swipe’ their plastics to give him money.
Carrying no change is no longer a reasonable excuse after these credit card-accepting guitars take off on the streets.
Carrying no change is no longer a reasonable excuse after these credit card-accepting guitars take off on the streets.
Trend Themes
1. Credit Card-accepting Instruments - Instruments that can accept credit card payments are gaining popularity among street performers.
2. Contactless Technology - The integration of contactless technology in musical instruments is creating new opportunities for payment methods in the music industry.
3. Cashless Street Performances - Street performers are opting for cashless payments as a convenient and secure way to receive earnings.
Industry Implications
1. Music - The music industry can explore the integration of contactless payment technology in instruments, providing a new avenue for revenue collection and fan engagement.
2. Fintech - Fintech companies have an opportunity to develop specialized payment solutions tailored for the needs of street performers and musicians.
3. Retail - Retailers can tap into the trend by offering credit card-accepting instruments, catering to the needs of street performers and expanding their product offerings.
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