The polar vortex may have had most of our country trying to keep warm this week, but thankfully it didn’t stop hot headlines from rolling in in the payments industry! From big news coming from Visa and the NFL, the Globe and Mail, and even St. Petersburg, Florida.
1. Cashless Super Bowl coming? Visa says yes
If you’re one of the many Canadians who makes a trip down south to watch the big game in February, we have some news we think you can use! Visa renewed their sponsorship with the NFL this week through to the 2025 season, and envisioned their first cashless Super Bowl with it. Though it won’t be this year, 50 per cent of the concession stands at the big game this weekend will be cashless enabled! As cashless concessions continue to expand within sports stadiums, event goers will be able to tap, pay, and get back to their seats in time to see the winning touchdown.
2. Going cashless: How far will Canadians go in parting with their bills and coins?
The Globe and Mail published their first of a multi-part series this week that takes an interesting look at Canadians and the move to a cashless society. This week’s article included a number of interesting new statistics about Canadians use of cash, and quoted our very own Chief Sales and Marketing Officer Jeff Guthrie! If you’re wondering about how Canada is keeping up in the continued growth of a cashless economy, make sure to give this article a read.
3. Tampa Bay Rays’ Tropicana Field becomes first US cashless stadium
It looks like the worlds of professional sports and cashless payments intersected more than once this week! Tropicana field in St. Petersburg, Florida is now home to the first major North American sports team to go cashless. The new system is making its debut on February 9th, where fans can use major credit cards, gift cards, and digital wallets to make payments for their favourite snacks or merchandise.
4. Discover’s Contactless Fitness Improves Through Its Link-Up With Garmin Pay
Discover card users can now add their cards to their Garmin Pay mobile wallet and use their Garmin wearable devices to make contactless payments. Following in the footsteps of Mastercard and Visa, Discover is now officially a payment option for Garmin Pay users, which is used on devices running FitPay technology.
To learn more of the latest headlines in the payments industry, take a look at our articles from January 21 to 25 and December 24 to January 11.