McDonald’s, Visa roll out contactless payments across Canada
07 July, 2011
category: Contactless
Visa has announced that more than 1,400 McDonald’s restaurants across Canada have adopted contactless payWave technology.
Already used in 1,200 McDonald’s restaurants in the UK, the technology allows customers to pay for their meals with a tap of a payWave-enabled payment card or mobile phone.
The new technology is available only at the counter, but McDonald’s says it will begin accepting payWave in the drive-thru later this year.
Visa’s payWave cards employ EMV chip technology, which uses a standard 128-bit encryption to securely store and encrypt confidential information. When a customer uses a payWave terminal, the card and the terminal reader exchange security information, then conduct a secure payment transaction, all in less than one-third of a second, according to Visa.