Visa kicks cash to the curb at FIFA event
Visa is implementing 1,600 point-of-sale terminals and deploying 120 mobile concessionaires throughout the stadium concourses that are hosting the FIFA Confederations Cup, according to a press release.
Visa is also collaborating with Russia-based Alfa-Bank, the official European Bank of the FIFA Confederations Cup 2017, to introduce a Visa NFC-enabled Alfa-Bank payment band, which is available for 1,000 Russian rubles (US$18) at Visa customer service booths throughout stadiums and reloadable using fan's personal credit or debit cards.
Select Visa and Alfa-Bank guests will also be able to use a payment ring for the first time at a FIFA event. The payment ring, attached to a prepaid card account, features an embedded NFC-enabled antenna, enabling fans to tap to pay throughout Russia anywhere contactless payments are accepted.