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September 02, 2010

Compass to Deploy Visa Contactless Readers

Published Friday, March 06, 2009

Compass Group North America will begin deploying Visa payWave contactless readers at check-out lanes across its foodservice locations. PayWave makes completing transactions faster and easier by enabling Visa cardholders to make a purchase simply by holding their Visa payWave-enabled card near the reader instead of swiping it. Transactions under $25 do not require a signature, saving even more time. Visa payWave transactions use a microchip embedded in the card to send payment information rapidly and securely over an extremely short distance to the point of sale reader. All other aspects of the contactless transaction are handled in the ...

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