SAN FRANCISCO – As the members of the U.S. Olympic Team walked into the Olympic Stadium during the opening ceremonies, they did so having their per diem stipends available on Visa branded pre-paid cards provided by Visa and Bank of America. The athletes and all the team staff will be able to use the cards, which have the five Olympic rings on the front, for the duration of the Olympics throughout the Olympic facilities as well as anywhere else with a Visa logo.

|

"Visa prepaid cards continue to gain in popularity as cardholders demand more choice and flexibility in how they pay and want to be paid," said Susanne Lyons, chief marketing officer, Visa. "By providing a more convenient and secure way to pay, Visa prepaid cards will help simplify one critical aspect of the U.S. Olympic Team's journey, so they can focus on what's most important." The cards will help reduce administrative and processing expenses for the USOC as they equip America's Team to compete on the world's biggest stage, Visa said.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.