Visa payWave
What is Visa payWave?
Visa payWave is a contactless payment method using your Visa Card. The cards have an embedded antenna which securely transmits payment instructions to and from a specially adapted payment terminal.
To make a payWave transaction, you simply hold your card against the contactless terminal, and you're done. No PIN is required for purchases under $100. The card is still able to be used in the same way as a normal Visa Card by inserting it into an EFTPOS device or ATM.
If you setup Apple Pay or Google Pay, you can also use your phone to make contactless payments at retailers.
Contactless terminals at retailers will feature the contactless symbol.
When making a payment, hold your card within 4 cm of the secure contactless reader. Four green lights will appear. This takes no more than half a second. You can then remove your card and a display message will appear confirming that your transaction has been successful.You don't always have to carry cash or worry about looking for exact change when making small value purchases at participating merchants.
You can save time due to quicker transactions.
You are in control because your card never has to leave your hand when making a payment at the terminal.
You don't have to sign anything or enter a PIN for purchases of under $100.