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Visa will debut payment jewelry at 2016 Rio Olympics

Visa wants paying for stuff to be as easy as a flick of your wrist or a wave of your fingers. The company is debuting a ring embedded with the same kind of near-field communication technology as Apple Pay at the 2016 Olympics in Rio de Janeiro.   The NFC chipped ring lets users tap-to-pay … Continue reading “Visa will debut payment jewelry at 2016 Rio Olympics”

Visa wants paying for stuff to be as easy as a flick of your wrist or a wave of your fingers. The company is debuting a ring embedded with the same kind of near-field communication technology as Apple Pay at the 2016 Olympics in Rio de Janeiro.  

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The NFC chipped ring lets users tap-to-pay at terminals that accept contactless payments. Much like Disney’s MagicBand, the ring is intended to give its wearer a seamless experience and keep food and merchant queues short.

Initially the ring will only be available to a select few. Visa is handing out the jewelry to 45 athletes competing in the 2016 Olympics. Everyone else will have to wait. 

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About the author

Ruth Reader is a writer for Fast Company. She covers the intersection of health and technology.

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