What is Visa payWave?
Visa payWave is a new payment feature available on Visa cards and Visa Mini Cards; it is also available on the new Visa Micro Tag. With Visa payWave, you simply wave your card or Visa Micro Tag in front of a secure reader that accepts Visa payWave payments. No swiping is necessary on cards with Visa payWave. Visa payWave completes your transaction by using the latest radio frequency technology to send encrypted account information to readers that are configured to accept Visa payWave payments. For most transactions under $25, there is no need to sign a receipt, enter your PIN, or hand your card to the cashier. Nothing else about the transaction process changes; the purchase is authorized, processed, and billed the same way it is with traditional purchase methods.
