For Galaxy fans, get ready to welcome the launch of its newest product. Samsung Galaxy S3 will become the official mobile phone for Olympic Games, as it has been confirmed by Samsung and Visa.
This mobile phone is using NFC technology that easier to use and become the first products using it. Consumers also get a limited edition showcase device and nascent application, Visa payWave.
During the Olympic event, this mobile phone will be used by testers and athletes and it is part of the test. There are 140.000 terminals spread across the capital city that hold the Olympics. Participants can enjoy payment application features that installed on the mobile phone, as replacing conventional payments for clothing shopping till ticket entrance to Olympic Park.
The payment application provides convenience but also issues about security level because payWave application allows the mobile owner to make payments over £15 without having to make contact with the card.
But if you want to shop or make a payment over £ 20, the owner must activate the phone first. This application requires a passcode to do transactions. So, it's good to lock the phone to get guarantee security level, especially if the phone is lost.
In order to support safety and convenience, this application comes with a feature that allows mobile phone and visa card owners to check every last transactions. That's why, the features in this application is said to be a precursor to contactless payments that will be part of modern society lifestyle.
"Technological developments in the mobile industry give a major influence and NFC technology that exist in the Galaxy Samsung S3 has opened up a new payment method" said Sandra Alzetta, Senior Vice President of Mobile of Visa Europe.
"Life has changed and become more modern, cash payments will be reduced. People would prefer mobile phones as a new payment method and allowing them to manage finances. "
"The collaboration with Samsung already becomes a bridge the future for modern payment. This will be an excellent way to show the latest payment relies on speed, flexibility, convenience and security." said Sandra Alzetta
Samsung Galaxy S3 with NFC will launch as Olympic Games phone
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