In preparation for the planned Galaxy S III launch in Europe at the end of May, Samsung has announced a special edition Olympics phone.
“Samsung has partnered with Visa and Lloyds TSB bank in the UK to create the limited edition Galaxy S III, which will come bundled with a special Olympic-themed version of Visa’s payWave wireless payment system, allowing it to make full use of the phone’s NFC chip,” reports Digital Trends.
The Olympic S III will only be available to sponsored athletes, who “will be able to use payWave at various outlets in the Olympic Village, purchase items from around 140,000 stores outfitted with the necessary terminal and even pay for taxis,” explains the post.
“What hasn’t been revealed is whether payWave will appear as an application, or be installed on the SIM card, or how the system will need to be funded,” adds Digital Trends. “As no pictures of the device have been released yet either, we don’t know if it will have a unique color scheme or other Olympic branding to make it standout beside the standard S III.”
The NFC chip will be a standard feature when the new phone ships in the U.S. this summer.
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