All the new devices certified by Visa host the Visa payWave application on the SIM card and feature NFC technology that enables mobile phones to transmit payment information to a contactless payment terminal.
Visa payWave on mobile devices is compatible with existing contactless (NFC) payment terminals already installed at retail outlets worldwide, enabling Visa accountholders to wave their NFC-enabled phones in front of a payment terminal in order to pay.
In recent news, Visa has certified South-African authentication services provider Entersect to enable issuers to authenticate online card purchases.
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