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Briefing
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- Visa-Lotte Partnership – Visa and Lotte Card, South Korean retailer Lotte Department Store's financial arm, partnering to bring NFC-enabled prepaid payment wearables to Winter Olympics
- Payment-Ready Wearables – Include gloves, Olympic pins, and commemorative stickers that can be used to pay by just tapping at over 1,000 contactless-enabled terminals in Olympic Winter Games venues between February 9 to 25, 2018
- Safe and Efficient Payment Method – Allows wearers to conveniently and safely pay for merchandises without use of card or cash
- Denominations – Pins, costing $5 (KW5,000) apiece, and gloves can hold prepaid amounts valued at $27 (KRW 30,000) or $46 (KRW 50,000), while stickers are available in $27 (KRW 30,000), $46 (KRW 50,000), $92 (KRW 100,000) and $184 (KRW 200,000) denominations
- Availability – Stickers and pins available at Olympic Winter Games stores, Lotte Department stores, Lotte Card’s customer centers, and online via Lotte Card website starting November 9, 2017, as well as onsite during event through Visa vending machines
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