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.

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