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Visa announces plans for cashless Confed Cup

Visa announces plans for cashless Confed Cup

Financial services corporation Visa has announced plans to make the spectator experience at the FIFA Confed Cup less stressful.

Plans are afoot to ensure a cashless experience at the 2017 Confederations Cup, set to kick off in Russia this weekend. So, just what is this new technology about?

"Visa is implementing 1,600 point-of-sale terminals and deploying 120 mobile concessionaires throughout the stadium concourses, enabling a cash-free experience from kick-off to the final match," said Visa country manager Ekaterina Petelina.

"These enhancements ensure official FIFA stadiums are equipped with the latest in payment innovation, giving fans safe and secure ways to pay - whether it is a click, dip, tap or swipe," added Petelina.

She explained that fans just want to enjoy their football, without having to worry about withdrawals.

Here are the key developments: 

•    Visa commemorative prepaid cards, which can be reloaded at contactless Alfa-Bank ATMs throughout the stadiums 

•    Visa contactless credit or debit cards 

•    Mobile payments with Visa at NFC-enabled terminals 

"As the Official Payment Service Partner of the FIFA Confederations Cup 2017, we are thrilled to bring fans some of the most innovative payment experiences from around the world, enabling them to go cashless at the tournament," added Petelina.

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