Visa Mobile payWave is the digital version of paying with a Visa payWave card. There are different ways for consumers to activate their existing Visa credit, debit or prepaid accounts with a mobile phone, depending on the device they are using and the financial institution they bank with. Consumers should check with their mobile phone provider and financial institution about their handset’s capability and availability of mobile payments.
There are also wearable devices with wave and go payments capabilities being made available in Australia. These devices use the same secure technology as mobile or card-based contactless payments.
There are lots of ways of making mobile payments possible and Visa believes in an open, secure approach, allowing consumers to make mobile payments with whatever device, mobile network or payment account they choose.