Visa Brings Digital Payments to Rio 2016 Olympic Games as 1.2 Million Travelers Are Expected in Brazil
Readies New Payment Technology Across Rio
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Olympic Games: Travel & Spend (Graphic: Business Wire)
Visa also extends the value of its sponsorship to Olympic Games host cities, facilitating the development and advancement of payment infrastructure in those markets. This year Visa will introduce acceptance of new technologies and innovation throughout Rio, focusing on new ways to pay including payment wearables and mobile phones – letting fans swipe, tap, dip or click to pay in Rio.
“Visa has always stood for universal acceptance and the most secure and fast way to pay across merchants, borders and currencies,” said
Olympic Games Travel Forecast
Visa projects that
The largest share of travelers to
Based on historical data from past Olympic Games,
“This data speaks to the increase in commerce generated through the Olympic Games,” said McCarthy. “More than 200 nations, 10,000 athletes, their families, friends and fans are expected to gather in Rio this summer to enjoy this truly global celebration of sports and athletics. Visa is excited to be part of their journey.”
Travel Tips for Fans Visiting Rio
Visa is the only card accepted at the Rio 2016 Olympic and Paralympic Games venues and for any official Rio 2016 related transactions. To help fans attending the Olympic Games, Visa has released a series of recommended travel tips, directing cardholders to:
- Notify their issuing bank or financial institution of potential travel plans, including the fact that they will be using Visa debit, credit or prepaid cards abroad to avoid any issues while traveling. Issuing banks can also provide information about travel-related benefits for Visa account holders.
- Register for SMS notification with their specific bank, or bank’s transaction notification service, allowing travelers to track transactions on their Visa accounts.
- Opt-in for services, such as Mobile Location Confirmation via the issuer’s banking app or Visa’s Travel Authorization Tag.
- Set up automatic bill pay for their credit cards for peace-of-mind while traveling abroad.
- Consider paying via a chip-activated terminal with a credit or debit card upgraded with chip technology for enhanced security.
- Look for the Visa or PLUS logo at point-of-sale to ensure international payment cards are accepted.
1 Overseas Travel and Tourism - Monthly Release,