It seems that London will be getting quite some benefit for hosting the 2012 Summer Olympics next year. Thanks to this grand event, London’s subways are getting WiFi hotspots, and now Samsung has teamed up with Visa to give London NFC mobile payment solutions.

60,000 locations in London have already geared up with contactless payment systems, and right now Visa is negotiating with banks to get its contactless cards and mobile phones approved. For the latter, one such device will be Samsung’s Olympic and Paralympic Games mobile handset that comes with a Visa-enabled SIM card and it’ll be made available to sponsored athletes as well as various retailers.

Furthermore, this alliance will continue after the Olympics, and Visa is rolling out its mobile payment system in many other countries as we speak, so it shouldn’t be long before we hear more Visa handset announcements.

SOURCE via BGR