Bank of America introduces stored value cards for 2002 Winter Olympics

Bank of America introduces stored value cards for 2002 Winter Olympics

Bank of America is introducing two stored-value cards specifically designed for the 2002 Olympic Winter Games in Salt Lake City.

An official bank sponsor of the games, BofA is offering Visa Olympic Money, a commercial card programme that gives athletes, sponsors and suppliers and their guests and staff prepaid spending facilities for 2002 Games expenses. Visitors to the Games can also use the Olympic Winter Games Visa Gift Card, featuring five limited-edition Olympic designs by digital illustrator Martin French.

Both cards offer customers personalisation of security features and deactivation and refunds against lost or stolen cards. They are accepted at 22 million merchant locations and any Visa/Plus ATM, including 13,000 Bank of America ATMs.

The bank will also provide merchant processing of credit and debit transactions at all the Olympic venues during the Games. It is expected during the 16-day period more than $40 million in credit card transactions will be processed.

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