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Visa bolsters payWave network

Visa bolsters payWave network

(9 November 2010 – Australia) Visa is rapidly expanding its Visa payWave network across Australia, after joining forces with major quick service chain McDonald’s. The card giant said, in a joint statement, that the terminals would be installed in 816 McDonald’s stores across Australia, with the roll-out expected to be completed by the end of November.

Visa general manager, Chris Clark, said Visa payWave makes everyday transactions faster and more convenient.

"It’s exciting to see one of the world’s largest and most successful Quick Service Restaurants offer this service to Australian customers," Mr Clark said.

Mr Clark assured users that Visa payWave-enabled cards are as secure as any other Visa chip card and carries the same multiple layers of security, including Visas Zero Liability, which ensures Visa cardholders are not responsible for fraudulent or unauthorised transactions.

"In addition, with Visa payWave, the card never leaves your hand, which reduces the risk of fraud," Mr Clark highlighted.

Mr Clark said contactless payments would increasingly replace the use of cash because of their speed and convenience, with National Australia Bank, ANZ and Macquarie Bank now issuing cards featuring Visa payWave.
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