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Wearable payment devices for Olympics

Technology will be a key factor during the Olympic and Paralympic Winter Games in PyeongChang in South Korea in March.

Thousands of fans and athletes at next year's Winter Olympic Games are expected to pay for their purchases with wearable payment devices, such as payment-enabled gloves, commemorative stickers, pins or a decal on their mobile phones.

Visa on Thursday in New York presented its new wearable technology for the Olympic and Paralympic Winter Games in PyeongChang, South Korea in March.

With the average winter temperature in PyeongChang minus 4.8C, gloves will be indispensable and can be fitted with a double interface chip and a tiny antenna to enable a tap and go at a contactless-enabled terminal.

More than 1000 point of sale terminals that accept contactless payments, will be available in all of the Olympic venues.


1 min read

Published

Source: AAP



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