Galaxy S III will be Samsung’s Olympic Games Phone

This comes as no surprise but Samsung and Visa confirmed today that the upcoming Galaxy S III will be Samsung’s Olympic Games Phone for the London 2012 Olympic and Paralympic Games. A limited edition showcase device will be handed over to Samsung and Visa sponsored athletes and trialists and will be pre-loaded with Visa’s PayWave application. Samsung and Visa will also demo the Galaxy S III with PayWave app at various kiosks during the Olympic Games.

Galaxy S III is equipped with NFC technology that will enable payments at 140,000 contactless terminals all over UK during the Olympic Games.

“The Galaxy S III with NFC technology is part of an evolution that will entirely change the way people shop, pay and get paid all over the world,” said Bill Gajda, Global Head of Mobile Products at Visa Inc. “This summer we will be demonstrating the future of payments in London – a future where most consumers will rely on mobile devices, tablets and PCs to manage their daily financial lives. Our relationship with Samsung gets us closer to that vision, with a stunning new device that is sure to turn heads at the London 2012 Games.”