Visa Introduces New Payment Wearables for Fans Attending the Olympic Winter Games 2018

Visa Introduces New Payment Wearables for Fans Attending the Olympic Winter Games 2018

Foto: Visa

Visa, the exclusive payment technology partner at the Olympic and Paralympic Games, introduced three commercially available wearable payment devices. In the spirit of the Olympic Winter Games, Visa created NFC-enabled payment gloves, commemorative stickers and Olympic pins that allow fans and athletes to complete seamless and secure payments with a simple tap at any contactless-enabled terminal.

“We are looking forward to transforming the payment experience for everyone who attends the upcoming Olympic Winter Games in PyeongChang. At Visa, we have been working tirelessly to ensure all of the Olympic venues are equipped with the very latest payment capabilities to provide the best experience possible for all those on-site.”, said Iain Jamieson, Korea country manager at Visa.

Visa teamed up with Lotte Card, the financial arm of South Korean-based retail giant, Lotte Department Store, to produce and make these new prepaid payment wearables available for purchase in Korea beginning November 9.

Starting November 9, the stickers and pins can be purchased from Lotte Card’s customer centers in Korea and the Lotte Card website. During the Games, all three wearables will also be available for purchase at the Olympic Superstores in conveniently located Visa vending machines.

In addition to the wearables and as the exclusive payment partner of the Olympic Games, Visa is facilitating and managing the entire payment system infrastructure and network throughout all venues within the Games. This includes more than 1,000 contactless point-of-sale terminals capable of accepting mobile and wearable payments.

More from category

HPE Delivers World’s Largest Arm Supercomputer

HPE Delivers World’s Largest Arm Supercomputer

19 Jun 2018 comment

HPE announced collaboration with Sandia National Laboratories and the U.S. Department of Energy to deliver the world’s largest Arm supercomputer.

IBM and Nvidia Help U.S. Leapfrog China in Supercomputer Race

IBM and Nvidia Help U.S. Leapfrog China in Supercomputer Race

11 Jun 2018 comment

The U.S. has a new supercomputer and it’s twice as fast as the current record holder in China, according to Bloomberg.

An Intel-Backed Startup Wants to Become the Uber of the Skies

An Intel-Backed Startup Wants to Become the Uber of the Skies

10 Jun 2018 comment

Volocopter, a German startup backed by Intel and Daimler, has built a drone-like electric helicopter to ferry travelers across city skies, according to Bloomberg.