Summary: Visa and Samsung test out near-field communications for mobile payments with athletes at the London Olympics
Samsung Galaxy S3's Olympics mobile payments :
The London 2012 Olympics are being used to trial mobile payments — with a version of the Samsung Galaxy S3 running Visa's mobile-payment application, Visa payWave, given to 850 people, including a number of athletes.
The trial participants can use the S3 to buy goods at thousands of retailers across London, including outlets at the Olympic Park, like the one shown here, where Visa is the only credit card accepted.
The payWave app is not available to consumers, but Visa says it expects the first commercial mobile payments services offering the app under their own brand to launch in the UK in the next 12 months.
Along with Visa and Samsung, Lloyds TSB is the bank involved with the Olympics trial.
