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Visa, Olympic committees driving better payment options for game fans

Visa, the International Olympic Committee and the International Paralympic Committee are working together to provide better integrated payment channels for fans at the games and those watching at home.

Visa, according to a press release, is tapping its global network of Innovation Centers and its transit, retail and conversational commerce expertise to drive forward-looking payment experiences — from remote, mobile ticket purchasing, in-seat ordering and new ways to pay for retail, even via the television.

"There has been no better payment technology partner historically and there is no better payment technology partner for the future we are building together," said Thomas Bach, president, International Olympic Committee, in the release. "As we introduce innovations that help improve fan experiences both on-site and at-home, we know that no matter where in the world the Olympics take us, Visa is the right partner to help us deliver them."

Visa's payment innovations will include dynamic new imaginings of remote digital ticket purchase, biometric authentication for stadium entry, smarter and streamlined retail shopping, and in-home couch commerce using augmented reality.

"Our global innovation centers are immersed in solving every day consumer challenges and discovering improved commerce experiences that can be shared and scaled globally," said Ryan McInerney, president of Visa, in the release.