Continuing its habit of demonstrating NFC payments at high-profile sporting events, Visa has organized a mobile-payments trial with Banco de Brasil and Brazilian telco Oi to coincide with the World Cup.
The application, stored on a secure element SIM from the telco, contains an Ourocard Visa from Banco de Brasil. Users can tap to pay and input a password to authorize transactions at the point of sale. A spokesman told NFC Times that the Ourocard application would be available to “a select number of Visa cardholders,” but the number of participants in the trial has not been disclosed.
For the trial, Visa installed 3,000 additional contactless terminals at the twelve World Cup stadiums. That is in addition to many other locations in Brazil that accept Visa payWave, Visa said.