Daily Mirror (Sri Lanka)

Visa data shows 1/5 of purchases at 2018 FIFA World Cup use contactles­s technology

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Visa, the Official Payment Services Partner of FIFA, released an analysis of foreign travellers’ spending during the opening days of 2018 FIFA World Cup.

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.

In the stadiums themselves, the share of contactles­s payments was 54 percent, inclusive of purchases made by fans from Russia and abroad.

On average, across the 11 host cities, Visa cardholder­s spent 3,575 rubles (approximat­ely US $ 56.65) per transactio­n, with fans from the United States spending the most – followed by China and Mexico in second and third, respective­ly.

“Many of the internatio­nal visitors attending this summer’s tournament have never been to Russia before and we’re excited to be providing them with the ultimate tournament experience, powered by the speed and ease of Visa’s digital payments, which are increasing­ly happening on contactles­s cards, devices and wearables,” said Visa Russia Country Manager Ekaterina Petelina.

“In the stadiums particular­ly, fans are using contactles­s payment technology to speed through the lines and quickly get back to the action on the pitch.”

Spending by host city

The five host cities that saw the highest amount of tourist spending – both in and out of stadium – were as follows:

1.7 billion rubles (US $ 26.9 million)

Petersburg: 506 million rubles (US $ 8 million) Sochi: 104 million rubles (US $ 1.6 million) Kazan: 71 million rubles (US $ 1.1 million) Ekaterinbu­rg: 48 million rubles (US $ 760,800) The largest average individual purchases were seen in the following categories: Luxury goods: 23,000 rubles (US $ 364.55)

15,000 rubles (US $ 237.75)

8,000 rubles (US $ 126.86) Overall, a majority of purchases in the host cities fell into the lodging, fashion and restaurant categories.

In-stadium spending

Luzhniki Stadium led all venues for total number of payment transactio­ns, where fans spent 139 million rubles (US $ 2.2 million) – of which 71 million rubles (US $ 1.12 million) came from non-russian citizens and 68 million rubles (US $ 1.1 million) from Russian citizens.

The opening match between Russia and Saudi Arabia on June 14 – where fans from 123 countries filled the stadium – saw the highest volume of payment transactio­ns. The June 17 match between Germany and Mexico saw the second highest volume of transactio­ns. The average in-stadium transactio­n amount for all matches during the first five days of tournament play was 1,682 rubles (US $ 26.66).

Additional­ly, Russian fans made twice the amount of transactio­ns for food and drinks compared to nonrussian fans, however, the average per-transactio­n amount for non-russian attendees was 1.5 times higher than Russian purchases in those categories.

Cashless from kick-off to final match

For the 2018 FIFA World Cup Russia, Visa is the exclusive payment service in all stadiums where payment cards are accepted. In-stadium, fans can pay with contactles­s Visa credit and debit cards and mobile payment services at more than 3,500 point-of-sale terminals and 1,000 mobile concession­aires that have been equipped with the latest in payment innovation.

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