Visa paywave what is it

It's like having exact change wherever you go, so you don't have to worry about carrying a lot of cash or looking for change. Contactless payments are a form of innovative payment technology that makes small payments as easy as tapping your card.

Your Visa payWave card never leaves your hand at the checkout and eliminates the risk of card skimming as there is no need to enter the card into a card reading device. You can keep track of all transactions made using your Visa payWave card by checking your statement or Internet Banking transaction record, instead of keeping piles of receipts for your small purchases made with cash. All Visa payWave readers are tested and certified to make sure a card is only read once per transaction.

Visa payWave Guide Visa payWave looks just like any other credit or debit card apart from a small payWave logo on the front of the card.

An antenna is built into the plastic to securely transact with a contactless reader. Request a call Contact us What is Visa payWave? What are the benefits? How do I use Visa payWave?

Look out for a retailer displaying the contactless symbol and Visa logo at the point of sale — in Australia and overseas. Hold your card within 4 cm of the secure contactless reader. Four green lights will appear. This takes no more than a few seconds. You can then remove your card and the transaction will be complete. Distance from card reader You should hold your Visa payWave card within 4cm of the card reader. How secure is this technology?

Secure transaction information The Visa payWave platform is based on secure EMV chip technology, which provides both data protection and transaction security via the use of keys and the latest encryption technology.

Can payments be processed twice? Is there a dollar limit? Will I receive a receipt? Successful payment alert Your transaction is confirmed by illumination of four green indicator lights and a display message confirming that your transaction has been successful.

Could I authorise a transaction without knowing? Visa payWave availability Your card will be accepted for Visa payWave transactions wherever you see the contactless symbol and Visa logo at the point of sale in Australia or around the world.

Retailers without payWave The card's chip and magnetic strip also allow the card to be used in the same way as a traditional Visa card, wherever Visa is accepted using a PIN. What cards have Visa payWave? The account connected to an issued card cannot be cancelled for the validity of the payment card. Open a Fio banka account - more information. Open an account on-line Start investing.

Login Create demo. Download Activation. Can I still use my card if the merchant doesnt offer Visa payWave? Can I get cash out at the point of purchase using Visa payWave? Am I able to enter my PIN or sign for transactions? Do I have to use Visa payWave for transactions? Our specialists will help you find the right product and support you through every step of the purchase. Enquire now. About payWave. Look for the contactless payment symbol 2.

When the purchase amount appears on the terminal, hold your card against the Visa payWave reader 3. Green lights on the terminal will indicate that your transaction has been approved. Collect your receipt if you asked for one, and you're on your way.

Visa payWave is safe.