22 Feb 2018
After more than 30 years of Olympic partnership, Visa’s payment technology is as quick and easy as ever, with acceptance and the most recent innovations transforming the way fans pay for their purchases – whether they swipe, dip, tap or click. Visa’s support has also been decisive for many athletes to achieve their dreams.
“As a TOP Partner for 32 years, Visa has grown alongside the Olympic Games from a ‘credit card’ provider to a leading innovative global payment technology brand,” said Alfred F. Kelly, Jr., CEO of Visa Inc. “Throughout its history as a worldwide sponsor, Visa has stood for universal acceptance, with the goal of providing the most secure and fastest way to pay across merchants, borders and currencies. At the Olympic Winter Games PyeongChang 2018, Visa will bring a transformative payment experience for athletes, fans, cardholders and clients as we continue to encourage everyone everywhere to strive for greatness.”
For its 17th edition of the Games in PyeongChang, Visa has implemented and is managing more than 1,000 near-field communication contactless-enabled point-of-sale (POS) terminals capable of accepting mobile and wearable payments across key Olympic venues.
Bringing innovative solutions and in the spirit of the Olympic Winter Games, Visa has created commercially available, NFC-enabled payment gloves, commemorative stickers and Olympic pins that allow fans and athletes to complete seamless and secure payments with a simple tap at any contactless-enabled terminal.
As a leading payment brand, Visa offers acceptance in more than 200 countries and plays a pivotal role in the development of innovative payment products and technologies to benefit its 16,300 financial institution clients and their cardholders.
Visa founded its Team Visa programme in 2000, with the aim of providing athletes with the tools, resources and support they need to achieve their lifelong dreams, both on and off the field of competition, regardless of their origin or background.
In the run-up to PyeongChang 2018, Visa selected over 50 athletes worldwide who embody Visa’s values of acceptance, partnership and inclusion, with athletic talent matched equally by their character.
To date, Team Visa has supported over 400 Olympic and Paralympic hopefuls by providing them with financial support, financial literacy training and valuable marketing exposure in pursuit of their goals.
Visa and the Olympic Games
Visa has been a Worldwide Partner of the Olympic Games since 1986 and will be the exclusive payment services provider and the only card accepted at the Olympic Games through to 2020. This includes the Olympic Winter Games PyeongChang 2018 and the Olympic Games Tokyo 2020.
Since 1986, Visa has achieved explosive growth in a variety of ways, from the number of cards issued to the volume of purchase transactions made per year.
To learn how Visa has evolved since the partnership began, please visit: https://usa.visa.com/about-visa/sponsorships-promotions/olympics-partnership/visa-and-olympic-games-then-and-now.html
For more information on the Olympic partnership, visit: https://usa.visa.com/about-visa/sponsorships-promotions/olympics-partnership.html#1