Contactless Payments Tapped for 2012 Olympic Games

What's Next In Payments®
10:01 PM EDT April 8th, 2012

The behemoth of sporting events in planning to throw contactless payments into the mix at the 2012 Olympics in London, according to a report by PointOfSale.com.

Visa and Samsung have debuted a mobile payments application that will enable visitors to utilize their smartphones as payment tools during the games.

Currently, there are plans for as many as 3,000 terminals to be installed at various venues to showcase the up-and-coming technology.

Click here to read the complete article.

Comments
Also by This Author
What's Hot
Mobile Commerce
800 Million iTunes Accounts … And Then What?
Company Spotlight
Court Dismisses 3 Card Issuers From Decade-Old Arbitration Case
Mobile Commerce
Massachusetts Bill Would Require Added ATM Security Measures
Europe
Digital River SMB Solution Expands to U.K.
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
B2B Payments
Has e-Procurement Peaked?
Company Spotlight
The Mobile Commerce Roadmap: MasterCard Takes Initiative
Mobile Commerce
800 Million iTunes Accounts … And Then What?
Company Spotlight
Court Dismisses 3 Card Issuers From Decade-Old Arbitration Case
View All Articles ››