Festivalgoers will be able to pay for goods and services costing up to £20 with a Barclaycard PayBand – a specially-designed wristband that allows the wearer to pay using contactless technology, without entering a PIN or signing their name.
They will also be able to use a contactless card or Barclaycard PayTag - a sticker which can be attached to a mobile phone for cashless payments.
Wireless is organised by Live Nation and takes place in Hyde Park in July with Deadmau5, Drake and Rihanna headlining. All vendors at the festival will accept contactless payments.
Visitors can register online before the festival for a PayBand, which can be topped up on site using a Visa or MasterCard credit or debit card. Help points will be positioned around the site allowing wristband holders to top up or check balances.
Attendees will also be among the first to be able to make contactless payments of up to £20, as the limit increases from £15 in June.
Tom Gregory, head of digital payments at Barclaycard, said: "We are immensely proud to be the first to go completely contactless and offer the choice of a cashless experience at London’s largest music festival. We’re really excited by the possibilities Barclaycard PayBand offers as a wearable, secure and easy way to pay when you’re out and about at the festival."
Cards from other banks and cash will also accepted at the festival.
Will other UK festivals follow suit and go contactless? To leave a comment register and let us know your thoughts.
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