Visa has created NFC-enabled payment gloves, commemorative stickers and Olympic pins for the Olympic Winter Games at PyeongChang 2018. These will allow fans and athletes to complete seamless and secure payments with a sample tap at any contactless-enabled terminal.
Visa has teamed up with Lotte Card, the financial arm of South Korean-based retail giant, Lotte Department Store, to produce and make these new prepaid payment wearables which are already available for purchase at Lotte Card’s customer centres in Korea and Lotee Card website. During the games, all three wearables will be available for purchase at the Olympic Superstores in conveniently located Visa vending machines.
- 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 collectible for fans and athletes to utilize on-site. Cost per pin is KRW5,000 plus desired embedded prepaid amounts valued at KRW30,000 or KRW50,000.
- Payment-Enabled Gloves: The average temperature in PyeongChang will be –4.8 degrees Celsius, 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 KRW30,000 or KRW50,000.
- 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, KRW100,000 and KRW200,000. The collection includes 8 distinct designs including Soohorang — the official PyeongChang 2018 mascot — the Korean flag, and much more.
Visa is facilitating and managing the entire payment system infrastructure and network throughout all venues within the Games, which includes over 1,000 contactless point-of-sales terminals which accept wearable and mobile payments.
