According to French-based electronic transactions technology company Ingenico, quoted by online news outlet thestar.com, Visa is planning to showcase its contactless debit cards during the Olympics. To that end, the card processor has been signing up merchants in the Canadian Olympic village, providing them with contactless readers. Visa Canada is a major sponsor of the 2010 Games.
Visa’s payWave contactless technology is already available for Canadian credit cardholders. Visas payWave cards target quick-service environments such as restaurants or convenience store, while rthe maximum accepted purchase value is USD 25 or less.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now