Definition, Meaning & Synonyms
wave-and-pay
Verb
/weɪv ənd peɪ/
Definition
A contactless payment method that allows users to complete transactions by simply waving their payment card or mobile device near a reader.
Examples
- You can use your smartphone to wave-and-pay at most grocery stores.
- When I was in London, I used the wave-and-pay method for all my transport fees.
- Wave-and-pay makes shopping much faster and more convenient.
Meaning
Wave-and-pay refers to the technology that enables consumers to make quick, secure payments without the need for physical contact with payment terminals.
Synonyms
- Contactless payment
- Tap-to-pay
- Wireless payment
