Visa payWave definition

Visa payWave. Contactless Payment by using Visa payWave platform for retail purchases. Only applicable to selected cards with Contactless logo.

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Visa payWave refers to the facility that allows you to execute Card Transactions either by tapping or waving your Card against such Visa payWave Readers (as defined in Clause 3.3 below) without requiring any signature, PIN or other authentication on your part (subject to such activation and authentication procedures referred to in Clause 3.2) .

Visa payWave means functionality as part of a Visa Debit card that allows Transactions to be made at participating Merchants by holding your Card or mobile device such as a smart phone (which is capable of making a Contactless Transaction) in front of a Contactless Terminal. You do not have to sign or enter a PIN to complete the Transaction if the purchase is for less than $100. Purchases made using your mobile device may require input of your Mobile Device Passcode.

Examples of Visa payWave in a sentence

• You may use your Card to effect any number of Card Transactions on Visa payWave Readers (the “Visa payWave Transactions”) provided that the value of each Visa payWave Transaction does not exceed S$100 or such other amount as may be determined by us from time to time at our sole and absolute discretion without notice to you.

• The use of the Visa payWave facility shall be subject to such terms and conditions as we may prescribe from time to time.

• This Clause 3 shall apply if the Visa payWave facility is provided for your Card.

• To make and authorise a transaction, you may place your Eligible Device near Visa payWave readers or terminals, and verify your identity as the Cardholder as determined by the Mobile Wallet Provider.

• This Card and the related contactless devices and terminals will carry Visa payWave logos.

• OF-SALE TERMINALS The Visa payWave facility of your Card may be used to carry out Card Transactions at all Visa payWave point-of-sale terminals and at such other readers or systems as we may from time to time approved by our sole and absolute discretion (the “Visa payWave Readers”).

• The first Card Transaction on your Card using the Visa payWave facility shall be subject to such activation and authentication procedures as we may in our sole and absolute discretion prescribe from time to time.

• The first Card Transaction on your Card using the Visa payWave facility shall be subject to such activation and authentication procedures as we may in our sole and absolute discretion prescribe from time to time.

• You may be required to sign on the transaction slip, provide PIN or provide other form of authentication from time to time as we may prescribe for your payment through Visa payWave if it exceeds the Visa payWave Transaction Limit.

• Please check this with the Merchant before effecting payment exceeding the Visa payWave Transaction Limit.

More Definitions of Visa payWave

Visa payWave means the use of card by tapping the card with a distance of 4cm in terminal retailers to purchase.

Visa payWave means functionality as part of a Visa Debit card that allows transactions to be made at participating merchants by holding your Card (which is capable of making a Contactless Transaction) in front of a Contactless Terminal. You do not have to sign or enter a PIN to complete the transaction if the purchase is for less than $100.

Visa payWave means the use of the card by touching the card with a 4cm in terminal shopkeepers to purchase.

Visa payWave means Visa's contactless payment application facility which may be incorporated into a Card by the Bank pursuant to Clause 16.3 below. Headings are for convenience only and do not affect interpretation. Words denoting the singular shall include the plural, and words denoting one gender shall include all genders.

Visa payWave or “UnionPay QuickPass”. (ee) Unless the context requires otherwise: - (i) words denoting one gender shall include all other genders; and (ii) words denoting the singular shall include the plural and vice versa.