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What is MARKKA?

What is MARKKA?. Markka is an electronic payment solution based on RFID and NFC technologies. How does it work?. The customer gets the Markka card The card is topped up with the desired amount The card is used as the only means of payment at the event User can refund the unused amount.

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What is MARKKA?

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  1. What is MARKKA? Markka is an electronic payment solution based on RFID and NFC technologies.

  2. How does it work? • The customer gets the Markka card • The card is topped up with the desired amount • The card is used as the only means of payment at the event • User can refund the unused amount

  3. Why use Markka? • Reduce risk • Cash handling is reduced to a minimum • Avoid exchange mistakes • Less exposed to theft • All sales is registred • Financial benefits • Faster transaction time • Reduce walkaways because of queues • Instant access to salesreports • Large savings on accounting

  4. Why use Markka? Operational benefits: Less resources for cash handling and security Less resources for accounting Reduced need for change Realtime monitoring of sales Central server for storing transaction – and salesdata Detailed sales reports Support: Training of personel used in top up stations and point of sales Onsite technical personell from Espos Finland Information texts to websites, mails and promotion material Online access to reports

  5. Features • Online refunding • Branding on cards • Realtime monitoring of sales • Easy to use report system

  6. Benefits to the end user • Reduces the time spent in a queue • Faster transaction time • No transaction cost • Refunding of un-used amount • Online access to transactions and balance

  7. Figures in Norway 2011 • 40 number of events • 500.000 number of spectators serviced • 1.600.000 number of transactions • 180 millioner number in NOK of amount passed through our cash registers

  8. Business model • Card fee to Espos Finland • All sales to the promoters • 75% Unrefunded amount to the promoter

  9. Some of our customers • Hove Festivalen • Stavern Festivalen • Raumarock • Vinje Rock • Canal Street • EDI Concert • Døgnvill Festivalen • Rått og Råde • Notodden Blues Festival • Fjordfestivalen • Bergen Live • Live Nation • Norwegian Grand Prix • Drammen Elvefestival • Ekstremsport veko • Rakfisk Festivalen

  10. Business model ESPOS FINLAND LTD OY Jone Nuutinen Tallberginkatu 1/140 00180 HELSINKI 045 – 883 9007 Tiedustelut@espos-finland.fi

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