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Visa and Samsung Reveal Mobile Payments App for the London 2012 Olympic Games

24 февраля 2012

Visa and Samsung have revealed an official mobile payments application for this summer's London 2012 Olympic Games.

The application is based on Visa's payWave technology that enables contactless payments at the Point of Sale. To make payments, customers simply hold the phone in front of a contactless reader at the point of purchase. Purchases above £15 will also require a passcode.

The application also lets customers check their transaction history and view their up to date account balance.

"London 2012 is a unique opportunity to show the future of payments coming to life and leave a lasting legacy post-2012. The new mobile payment application is central to this showcase," said Sandra Alzetta, Head of Innovation at Visa Europe. "We are also working with a number of partners to put live mobile payment technology into consumer hands. We've recently announced the certification of a number of major manufacturer handsets for NFC payments, which brings mainstream commercial mobile payments a step closer to reality."

Visa is a sponsor of the London 2012 Game, and implements and manages the entire payment system infrastructure and network throughout all Games' venues. For London 2012, there will be more than 3,000 contactless terminals installed across the Olympic and Paralympic venues.


Источник: Cellular news

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