Visa and the Olympic ATM battle

Thursday, June 7, 2012

With the Diamond Jubilee over, it is time for London to start focusing on the Olympics and that is just what Visa is doing. It has been recently covered in Time that Visa is causing quite a royal uproar by squeezing other card services out of the Olympics. As a huge sponsor of the Olympics, Visa has a right to exclusivity. However, the news coming out of olde London town is alarming! It is being reported that Visa has kicked out all of the other card sponsored ATMs within the Olympic venues. What does this mean? This is going to translate in to long queues (yes I am picking up…