Announced just last week, the Galaxy S III is the next-generation flagship device for the Korean giant. Packed with a 4.8-inch HD Super AMOLED display (720p), an 8MP rear-facing and a 1.9MP front-facing camera, and 16 or 32GB of storage, the device ships with a 1.4 GHz Samsung Exynos 4 Quad processor.
NFC-enabled as the phone is, Visa will include a special themed version of its payWave Android application, offering contactless payment support in a number of retailers across the city and on official Olympic sites. Any payments below £15 will not require a passcode.
Visa expects to have more than 140,000 NFC terminals available across the U.K. In addition, the company will ensure that taxis, retailers and the Olympic Park are all outfitted with its payWave technology.
Samsung is hoping the Galaxy S III can repeat the performance of the GS2, which has sold 20 million handsets worldwide. To make the GS3 an iPhone 5 rival, in addition to the hardware specs above, Samsung has added a number of software features.
They include a voice assistant that sounds capable of matching Apple's Siri, eye tracking such that the screen remains on while a user is looking at it, the ability to initiate a call to an onscreen contact when the phone is held up to a user's face, and 50GB of online storage though a partnership with DropBox.