Mobile payments using your Visa account work in a variety of ways. The first requirement is a mobile device with Near Field Communication (NFC) capability, which enables the device to securely and wirelessly interact with other devices, including payment terminals. Check with your mobile phone provider and financial institution about your handset’s capability and availability of mobile payment services.
Download a mobile payments app from your mobile phone provider or financial institution and load your existing Visa Credit, Debit or Prepaid accounts. Use your NFC-enabled mobile phone as a payment device at thousands of participating stores across Australia that accept Visa payWave.
The mobile payment information is stored either:
- on the Embedded Secure Element (eSE) on the mobile device, or in the cloud via Host Card Emulation (HCE) technology, or
- on a secure element within the SIM card.
- As an alternative, consumers can use a sticker on the back of their mobile device with an embedded secure chip provided by their financial institution, enabling contactless payments.
- Mobile and digital payments are also protected through tokenization. Find out more about the Visa Token Service here.