2012 Olympics won’t be contactless only
12 March, 2009
category: Contactless, Financial
Even though Lloyds TSB has been pushing contactless payments to make the 2012 Olympic games a cash-free environment it’s probably not going to happen, according to a Computing interview with Gerry Pennell, London 2012 CIO.
“Contactless is an interesting concept and we have had a few conversations around that, but my suspicion is that it isn’t something we are likely to do,” said Pennell.
“I don’t think that it is because contactless isn’t the way the world is going to go, but the issue would be whether there is enough return on investment in implementing the infrastructure to support that technology for an event that is gone after a few weeks.”
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