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
Alternative Financial Services
Event Management Firm Gets WEX Credit Solution
B2B Payments
Electronic Payments Association Makes Moves To Improve ACH Network
B2B Payments
Micronesia Sets Procurement And Supply Deadline
News
Almost One In Four Shoppers Say E-Payments More Secure Than Cards, Cash
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
Alternative Financial Services
Event Management Firm Gets WEX Credit Solution
B2B Payments
Electronic Payments Association Makes Moves To Improve ACH Network
B2B Payments
Micronesia Sets Procurement And Supply Deadline
News
China B2B Passes 4.5B Yuan
View All Articles ››