Visa Introduces New Payment Wearables for Fans Attending the Olympic Winter Games PyeongChang 2018
Fans and Team Visa Athletes will enjoy the convenience and style of Visa payment-enabled gloves, stickers and commemorative Olympic pins
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Visa, the exclusive payment technology partner of the Olympic and Paralympic Games, today introduced three commercially available wearable payment devices: NFC-enabled payment gloves, commemorative stickers and Olympic pins. Pictured here: the Visa payment-enabled gloves. (Photo: Business Wire)
“We are looking forward to transforming the payment experience for everyone who attends the upcoming Olympic Winter Games in PyeongChang,” said
Visa teamed up with Lotte Card, the financial arm of South Korean-based retail giant,
- Commemorative Olympic Pin: Inspired by the long-standing tradition of collecting commemorative pins at the Olympic Games, Visa is bringing to market four unique lapel pins featuring custom PyeongChang 2018 designs to offer a payment-enabled collectable for fans and athletes to utilize on-site. Cost per pin is
KRW5,000plus desired embedded prepaid amounts valued at KRW30,000or KRW50,000.
- Payment-Enabled Gloves: The average temperature in PyeongChang will be – 4.8°C1, so gloves will be a must-have! This payment glove will offer fans a way to pay safely and securely without having to get cold hands. The gloves contain a dual interface chip housed with a contactless antenna capable of completing purchases throughout official Olympic Venues and compatible readers globally. The gloves will come with embedded prepaid amounts valued at
- Sticker: With a thin and flexible adhesive design and an embedded dual interface NFC-chip and antenna, these micro-tags can be attached to almost anything to make seamless payments in a moment’s notice. The wearable sticker is available in denominations of
KRW30,000, KRW50,000, KRW100,000and KRW200,000. The collection includes 8 distinct designs including Soohorang – the official PyeongChang 2018 mascot – the Korean flag, and much more.
“It is important to me, as a Winter Olympian, to work with a brand like Visa that not only supports a diverse group of athletes, but also enables an enhanced fan experience for those at the Games,” said
“Growing up in
In addition to the wearables and as the exclusive payment partner of the Olympic Games, Visa is facilitating and managing the entire payment system infrastructure and network throughout all venues within the Games. This includes more than 1,000 contactless point-of-sale terminals capable of accepting mobile and wearable payments.
As the payments industry increasingly shifts from plastic to digital, new technology advances from Visa and its partners are bringing consumers a simple and secure purchasing experience. To learn more about Visa and its Olympic sponsorship, visit https://usa.visa.com/about-visa/sponsorships-promotions/olympics-partnership.html.
1 Olympic Winter Games PyeongChang 2018 Organizing Committee official website: https://www.pyeongchang2018.com/en/pyeongchang-weather-conditions