How does Visa payWave work?
In addition to a chip and a magnetic stripe for traditional transaction processing, your new RBC Royal Bank Visa card includes a small radio antenna. This antenna allows you to tap your card at Visa payWave readers to pay for small purchases – typically under $25. Each merchant has its own maximum limits for Visa payWave transactions and a signature or PIN may still be required in some instances. In the event that your Visa payWave transaction cannot be completed, swipe or insert your card to complete the transaction with a signature or by entering your PIN.
