G&D (Giesecke & Devrient) made an announcement claiming that will supply the German athletes with Visa cards for contact and contactless payments.
The provider of the Payback Top-Class Sports Visa will be Landesbank Baden-Württemberg. The Olympians will be able to use the card wherever Visa’s PayWave is accepted for contactless payments.
The card will also be able to collect Payback loyalty points when the card is used.
The participants in the Olympic Games in London this summer will not be requiring any passwords or PIN codes for amounts under €25.
The German Olympians will be able to apply for the PayWave card from the end of the month at an official demonstration in Mainz.
In London there are thousands of terminals and other 3,000 are planned to be implemented for the Olympics.
8,00 TfL buses and over 2,000 taxis are equipped with contactless terminals to accept payments.