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Confusion and Economic Boost: Paris Olympics Payment Policies Under Scrutiny

Despite claims of a cashless event, the Paris Olympics accepts cash, but Visa's exclusive card deal causes frustration among attendees.

  • Social media falsely claimed the Paris Olympics was entirely cashless, but cash is accepted at venues.
  • Visa's exclusive sponsorship means only Visa cards and cash can be used, causing long queues and confusion.
  • Small businesses in Paris saw a 26% increase in sales to Visa cardholders during the Games' opening weekend.
  • The French economy is benefiting from the Olympics, with a predicted 0.3% GDP boost from increased spending.
  • 78% of purchases at the Games were made via contactless payments, reflecting a shift in consumer behavior.
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