Cashless Payments At The Olympics Met With Mixed Reviews
VISA smartphone and NFC payment system in London may not be the revolutionary system everyone had hoped for.
Financial services company Visa is championing a new cashless payment system to help meet the needs of the thousands of consumers flocking to this Summer’s Olympic games in London.
Over a thousand people at the olympic games have been given a special edition, Olympic-branded Samsung Galaxy S III phone. By linking their Visa account information with their Galaxy S III phone, users are able pay for items up to £20 in value simply by swiping their phones over a special NFC reader located at the cash register of most vendors.