Samsung and Visa today announced that the new Samsung Galaxy S III will be Samsung’s official Olympic Games phone during London 2012 (view press release). A limited edition showcase device, equipped with NFC technology and the Visa payWave mobile payment app, will be available for sponsored athletes and trialists enabling them to make contactless payments with a wave of the device at retail outlets across London. There will be around 140,000 contactless terminals around the UK by the start of the Games from taxis to retail stores to the Olympic stadium itself.
“The Galaxy S III with NFC technology is part of an evolution that will entirely change the way people shop, pay and get paid all over the world,” said Bill Gajda, global head of mobile products at Visa Inc. “This summer we will be demonstrating the future of payments in London – a future where most consumers will rely on mobile devices, tablets and PCs to manage their daily financial lives. Our relationship with Samsung gets us closer to that vision, with a stunning new device that is sure to turn heads at the London 2012 Games.”
Samsung and Visa will be showcasing the Galaxy S III in the Olympic village for the duration of the Olympic and Paralympic Games.
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