Cashless solutions company tappit has struck a three-year agreement to provide its services at Formula One’s Australian Grand Prix.

The deal has been signed ahead of this year’s season-opening Australian Grand Prix at Melbourne’s Albert Park circuit on March 17.

As part of the agreement, tappit’s cashless technology will serve as the exclusive payment method implemented at bars for Club 15 powered by tappit, located at the penultimate corner of the track, the Piquet Premium Grandstand, and the Ricciardo Premium Grandstand.

Jason Thomas, chief executive of tappit, said: “One of the exciting things about providing tappit’s cashless solution to an event as prestigious and high-profile as this is that we can provide rich data into where, when and what the fans are buying. We’re excited to grow with the Australian Grand Prix Corporation over the next three years and together improve the event experience for all attendees.”

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Image: Tappit