PayWave approval policy change

In a recent notification, Visa has announced a change in the PayWave approval policy for contactless acceptance devices.

Starting November 1, 2018, contactless terminals passing PayWave certification will be granted a four-year period Approval Letter.

This new validity period of PayWave certified products will allow terminal providers to better manage their product certification cycles, in line with EMV Contactless Level 1 approval.  

Visit Visa Technology Partner website to obtain further information or contact Visa Approval Services

Visit EMVCo website for more information on EMV technology and specifications : www.emvco.com