Contactless And Mobile Payments at the Olympics: Definitely Not a Medal Winner
Digital Transactions – 8/13/12: Which was the big payments winner at the Summer Olympic Games in London, which ended Sunday? Answer: Cash, a contender that’s entered every Olympics ever held. Contactless cards and mobile devices accounted for very few payments, according to a Celent LLC analyst who visited two different Olympic venues last week.
“Sadly, cash won gold in this case, whilst I think other forms of payments simply failed to qualify for the finals,” London-based Celent senior analyst Gareth Lodge wrote in a blog post Monday.
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