Visa Data Shows One Fifth of Purchases at 2018 FIFA World CupTM Use Contactless Technology
Summary
The results found that in the 11 Russian host cities of the tournament, approximately one in every five (17 percent) purchases with Visa used contactless payment technology, including smartphones, bracelets and rings.On average, across the 11 host cities, Visa cardholders spent 3,575 rubles (approximately $56.65) 1 per transaction, with fans from the United States spending the most – followed by China and Mexico in second and third, respectively.Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second.The company’s relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device, and a driving force behind the dream of a cashless future for everyone, everywhere.1 Transactions were analyzed on Visa cards issued by foreign banks, which were made in 11 host cities of the 2018 FIFA World Cup™ for the period from June 14 to 18, 2018, inclusive.