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Visa, Worldwide Sponsor of the Olympic Games, Sberbank, General Partner of the XXII Olympic Winter games and Eventim, Sochi 2014 Supplier, enable consumers to securely purchase tickets online for Sochi 2014 using Visa’s CyberSource payment and fraud management solutions. Via the Sochi 2014 website (www.sochi2014.com), consumers can buy tickets for their preferred sports, seamlessly and safely in advance of the Olympic Winter Games.
Acquired by Visa in 2010, CyberSource’s payment management platform allows it to more accurately assess incoming orders for fraud, returning a decision to accept, reject or review bookings in real time. The risk of fraud is minimised, while orders from genuine customers speed through.
The service was implemented via a partnership with the acquirer of the Sochi 2014 ticketing website, Sberbank. Eventim provides a safe online ticketing platform that combines technological and operational know-how, state of the art systems and ticketing expertise.
Steven Parker, Group Country Manager, Russia, CIS and South and Eastern Europe, at Visa said: “We are proud to be a worldwide partner of the Olympic Games for over 26 years. As the official payment services partner and the only card accepted for purchasing tickets to the Olympic, we are happy to bring best-of-breed payments to Sochi 2014 and help consumers enjoy safe and easy payments”.
Visa is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories to fast, secure and reliable digital currency. Underpinning digital currency is one of the world’s most advanced processing networks—VisaNet—that is capable of handling more than 24,000 transaction messages a second, with fraud protection for consumers and guaranteed payment for merchants. Visa is not a bank, and does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations, however, enable its financial institution customers to offer consumers more choices: Pay now with debit, ahead of time with prepaid or later with credit products.
For more information, visit www.corporate.visa.com.