Infographic: How Visa payWave is changing the checkout experience

One of the biggest innovations in the payment space this year has been Visa payWave, which has facilitated over 75 million transactions since January and is over seven times faster than chip and pin. Here we take a look at its impact…

"“When we think about technological breakthroughs, we think about life changers. The wheel, the light bulb, the Internet. Such breakthroughs are often achieved by understanding our existing way of life and finding ways to make things faster and easier," explain Virgin Money Australia.

"By making the checkout experience more efficient, Visa payWave is an innovation that has rapidly changed the way we make purchases at the checkout. Because this new technology doesn’t require the customer to significantly change their behaviour, it has been widely adopted."

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