Contactless Smart Cards, RFID, Payment, Transit and Security

Visa's PayWave catching on in Canada

Thursday, May 27, 2010

Visa’s contactless payWave system has seen steady growth in Canada as more and more merchants implement the new payment technology.

Paywave, which enables Canadians to make quick and secure transactions by simply tapping their card against a POS reader, is already in place at many popular Canadian establishments, including SUBWAY, Second Cup, The Jean Coutu Group, Country Style and Coffee Time.

In addition, TD Canada Trust and RBC Royal Bank are now actively issuing Visa payWave cards to their customers. By the end of 2010, it is expected that there will be several million Visa payWave cards in the Canadian market.

Visa says it is also working with mobile network operators, phone and chip manufacturers to bring NFC-enabled mobile Visa payWave transactions to consumers. [end] 

Related Articles
BPC, Alfa-Bank debut contactless Visa cards in Russia

BPC Banking Technologies and Alfa-Bank have teamed up to complete the first certified Visa PayWave launch in Russia, according to RFP Connect.

Alfa-Bank, which boasts some 200 branches throughout Russia, will distribute contactless PayWave Visa cards to its customers to enable low-value contactless payments at the point of sale. To pay, customers need only tap their PayWave card against a contacltess reader at checkout - no PIN of signature required. Transactions are protected by 128-bit technology that generates unique cryptograms for each payment, according to BPC.

read more »
I Love Velvet mobile payment obtains EMV2 certification

Mobile payment solution provider I Love Velvet announced that it has reached the second level of EMV certification (EMV2) which authorizes PIN and integrated chip payments from debit, credit and smart cards around the world.

read more »
Canada parking catches a ride on the Visa payWave

Visa and Imperial Parking Canada Corp. (Impark) are teaming up to offer Visa payWave contactless payments to 72 of its attended parking facilities across Canada.

read more »
Canadian grocery chain adopts Visa contactless payments

Metro Inc. is partnering with Visa to bring payWave contactless payments to its chain of 600 grocery stores across Ontario and Quebec.

Beginning early next year, shoppers at Metro, Metro Plus, Super C and Food Basics will be able to pay for items with a tap of a contactless Visa credit or debit card against a reader at the point of sale.

read more »
HMV launches Visa payWave contactless payments across Canada

Entertainment retail chain HMV has announced it will adopt Visa payWave contactless payments in 116 stores across Canada.

Starting this month, HMV customers nationwide will be able to pay for music, DVDs, video games, books and more with a simple tap of their contactless payWave-enabled credit or debit card at the point of sale.

read more »
Samsung, LG & RIM phones get Visa payWave certification

Visa Europe has announced that NFC-enabled smart phones from Samsung, LG and Research In Motion have been certified for use with Visa payWave, Visa’s mobile application for payments at the point-of-sale.

read more »

↓Ads by AVISIAN↓
Subscribe to the Contactless News Library
Gain access to the largest collection of Auto-ID analysis on the Internet.
Copyright © 2012, AVISIAN, Inc. All rights reserved.