Visa PayWave is a form of Near Field Communication (NFC), provided by Visa. The technology provides cardholders with the ability to transmit smart card payments without contact simply by being within close range of a store’s checkout terminal. PayWave uses an embedded computer chip to send payment information to a secure reader at the point of sale. Users may wave their card or device within 2.5-5 cm (1-2 in) of the reader to make payments.
(SANTA CLARA, Calif.—April 20, 2021) The Physical Security Interoperability Alliance (PSIA) today announced its Secure Credential Interoperability (SCI) initiative and