Accepting Contactless Payments
A fast and convenient transaction processing solution.
Your customers can pay for their purchases simply by tapping their Visa payWave or MasterCard® PayPass™ contactless cards on a NAB Contactless Reader. You will be able to reduce customer queues as transactions are usually processed quicker without the need for a PIN or signature. Alternatively, your customers can also dip or swipe their cards in the EFTPOS terminal to complete a purchase.
This solution is suitable for businesses with high-volume and low-value transactions such as retailers, and will particularly benefit cafes, convenience stores, supermarkets, fast-food outlets, video rental stores, or cinemas. For contactless transactions under $100, no signature or PIN is required for the cardholder to complete the purchase. Both you and the cardholder are protected against unauthorised use of the cards for those transactions.
To find out more about contactless technology or to get a contactless card, visit the NAB Visa payWave, Visa payWave and MasterCard PayPass websites for more information.
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Benefits
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- Convenience - makes it easier and faster for your customers to pay by simply tapping their contactless cards on the reader. For contactless transactions under $100, customers will not have to sign the transaction receipt, or enter a PIN.
- Speed - allows you to serve customers faster and reduce queuing. Low-value purchases made using a contactless card can be approved without a PIN or a signature. Customer receipts for a contactless transaction are optional unless a customer specifically asks for one.
- Security - gives an alternative to handling cash. Transaction limits and sound authorisation processes help reduce card fraud.
- Reconciliation - save time performing reconciliations and banking loose change.
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Features
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- Visa and MasterCard contactless acceptance - NAB Contactless Reader accepts Visa payWave and MasterCard PayPass contactless cards. Other card types are also accepted on the NAB EFTPOS terminal that accompanies the NAB Contactless Reader.
- Sleek design and clear display - NAB Contactless Reader comes in a sleek design and provides visible and audible guidance to complete a transaction.
- GPRS communications - Optional GPRS communication provides additional cost savings and improved transaction speed.
- Additional EFTPOS features on the terminal - NAB EFTPOS terminal provides additional features like surcharging, refunds, pre-auth and completions, and tipping where available.
- 24/7 support from our dedicated team - EFTPOS technical support available 24 hours a day, 7 days a week.
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More information
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