Topic summary
PayWave

Extracted from the Wikipedia article Visa Inc..
Visa Contactless (Visa payWave)
In September 2007, Visa introduced Visa payWave (later known as Visa Contactless), a contactless payment technology feature that allows cardholders to wave their card in front of contactless payment terminals without the need to physically swipe or insert the card into a point-of-sale device. This is similar to the Mastercard Contactless service and the American ExpressExpressPay, with both using RFID technology. All of them uses the same EMV Contactless logo to denote the capability of the card.