Near Field Communication (NFC) the mobile wallet technology hasnt exactly gone mainstream yet. Visa Inc. is providing a “payment ring” to what it is calling Team Rio 45 athletes from around the world to be used during the games. Visa said there will be 4,000 of them across key Olympic venues The ring uses NFC like Apple Pay, Android Pay and Samsung Pay, but it doesn’t require a smartphone. Visa did not respond to a request for comment.”]
Source: https://www.csoonline.com/article/3100626/will-the-olympics-payment-ring-jumpstart-nfc-demand.html