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Articles tagged with: olympics

Samsung And Visa Bring NFC To London 2012 Olympics

Samsung and Visa are currently in talks about a partnership delivering NFC mobile payment technology for the London 2012 Olympics. Both companies are considering rolling an Olympics and Paralympics Games handset in London that will be specially equipped with the new NFC technology. The new phone will work with a Visa payment application and a special SIM card. The consumer will be able to make a purchase with the phone by opening the Visa application and holding it in front of a special contactless reader.

London currently has 60,000 contactless readers in place and VISA is working hard with banks and retailers to make that number even larger. Samsung and VISA sponsored athletes will be among the first to get their hands on the new phone, with consumers later able to buy the phone through…