The TV spot, which was created by Saatchi & Saatchi and is called "Bolt to Brazil", breaks today and will run across run across 22 European markets until the end of the World Cup tournament on 13 July.
It opens with Bolt training at his local athletic track in Jamaica.
After seeing a game of football on TV, he begins a journey to Brazil to watch the World Cup and uses his phone to make purchases along the way. The ad ends with Bolt, dressed as a footballer, sneaking onto pitch of the Maracana stadium at the start of a match.
Visa Europe is also offering customers the chance to win trips to Brazil as part of the campaign.
The campaign was written by Gavin Torrance, art directed by Danny Hunt and directed by Traktor. MEC handled the media buying.