SAN FRANCISCO--(BUSINESS WIRE)--
Visa Inc. (NYSE: V), a long-standing worldwide sponsor of the Olympic
Games and supporter of the Olympic Movement, and the International
Olympic Committee (IOC) today announced an extension to Visa’s Olympic
sponsorship through 2032. As part of the renewal, Visa will continue its
support of the International Paralympic Committee (IPC) and the
Paralympic Games.
“Since 1986, Visa has brought the latest payment innovations and digital
experiences to the Olympic Games, all while helping athletes in their
quest to achieve greatness,” said Al Kelly, Chief Executive Officer,
Visa Inc. “By continuing our support of the Olympic Movement and the
Olympic Games through 2032, we will ensure the next generation of
athletes, fans, cardholders and clients are able to get more out of
their Olympic experience, and be part of a movement that inspires and
unites us all to do great things.”
IOC President Thomas Bach said: “We are particularly happy with this
extension of our partnership because Visa is one of the founding members
of our TOP Programme. Our partnership with Visa demonstrates a shared
commitment to the legacy of the Olympic Games and the global Olympic
Movement. Visa has always been a driving force for innovation on the
world stage. On behalf of the IOC, the National Olympic Committees
around the world and the athletes themselves, I would like to thank
Visa, and its clients and partners, for their commitment through to the
Olympic Games 2032.”
Visa, a founding member of The Olympic Partner (TOP) Programme, has
continuously delivered innovative payment solutions to each Games. In
renewing its sponsorship, Visa is excited to work with the local
Organizing Committees to ensure a legacy of digital payment advancement
in the host country during and beyond the Olympics Games themselves.
“Visa provides a secure and fast way to pay across merchants, borders
and currencies, and the Olympic Games provides an unparalleled
opportunity to promote the Visa brand at both a local market level and
globally,” said Lynne Biggar, Chief Marketing and Communications
Officer, Visa Inc.
With the renewed sponsorship, Visa will continue to leverage the global
stage of the Games to achieve important strategic objectives such as
expanding acceptance and increasing top of wallet preference for Visa
products among consumers. Visa will continue to deliver exceptional
benefits to its clients, partners and Olympic Games visitors, from
payment exclusivity at the Olympic Games, to unique experiences across
digital and other platforms.
About Visa Inc.
Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our
mission is to connect the world through the most innovative, reliable
and secure payment network - enabling individuals, businesses and
economies to thrive. 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. As the world
moves from analog to digital, Visa is applying our brand, products,
people, network and scale to reshape the future of commerce. For more
information, visit About
Visa, visacorporate.tumblr.com and @VisaNews.
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Visa Inc.
Tuesday Uhland
tuhland@visa.com
Source: Visa Inc.