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Visa payWave: Speedy SalesVisa payWave: Speedy Sales

Visa payWave

Take advantage of increased speed and convenience with the Visa payWave contactless payment solution -- a great way to make transactions of up to $1001 faster and more convenient than cash. Wave through more customers every day.

With Visa payWave, customers simply hold their Visa payWave-enabled card or mobile device over a secure payment terminal at check-out and the transaction is completed in as little as 0.5 seconds -- 7x faster than traditional Chip & PIN transactions2. With no signature to check or PIN to enter for purchases under $100 – and cardholder receipt optional – expect faster transactions, shorter lines and happier customers.

The Visa payWave payment solution is ideal for merchants with high volumes of customers where speed of service is essential – in particular, quick-service restaurants, coffee shops, movie theatres, convenience stores, gas stations, grocery stores, pharmacies, newsstands and more.


Cost savings from faster checkouts

Faster lines translate to efficiency and cost savings, while less cash handling helps reduce the costs of cash management and slippage.

Trusted Visa security

Visa payWave is built with the same stringent standards that secure all Visa payment solutions. The Visa payWave payment platform leverages the security benefits of chip card technology, providing you and your customers with a secure contactless payment solution.

The Visa payWave platform uses dynamic data authentication (DDA) to ensure that only a valid Visa payWave-enabled card or mobile device can be accepted at certified payment terminals.

How it works

Visa payWave cards are embedded with an antenna and a microchip. The chip, via the antenna, is able to communicate with the secure contactless reader. Similarly, Visa payWave-enabled mobile devices combine built-in near field communication ("NFC") technology with a special payment application, to facilitate the same kind of communication with your reader.

Rather than inserting a card or having you swipe it, customers hold their Visa payWave-enabled card, or mobile device, over a secure payment terminal. The customer maintains control of the card, or mobile device, for the entire payment process. Simply follow the prompts and the secure payment terminal will indicate when the transaction has been processed. Receipts are not necessary unless requested by the customer.

Visit our resource centre for Visa payWave tools.

Contact your Acquirer/Payment Processor to learn how your business can benefit from the Visa payWave contactless payment solution.

1. Use of increased limit (from $50 to $100) is subject to implementation by merchant/acquirer
2. Market Timing Study September 2012: Visa payWave transactions without receipt are on average 7x faster than typical Chip & PIN transactions with receipt.