Source: First Citizens
First Citizens announced today that consumers in South Carolina and eastern Georgia will now have a new way to shop quickly and securely using Visa's state-of-the-art Visa payWave technology.
Visa payWave, a new feature found on a growing number of Visa cards worldwide, enables customers to make purchases by simply "waving" their Visa payWave card near a secure reader at checkout.
With the addition of First Citizens, 12 Visa issuers in the United States have begun to offer cards with the Visa payWave feature, and more than 37,000 U.S. merchant locations accept Visa payWave. The technology uses radio-frequency, or RF, to send payment information rapidly and securely over an extremely short distance to the terminal. All cards with Visa payWave also have the traditional magnetic stripe, and are accepted at more than 20 million locations worldwide.
"At First Citizens, we are committed to providing unrivaled service to our customers," said Ed Prosser, Consumer Lending Director for First Citizens. "By issuing payment cards embedded with Visa payWave technology, we can offer our customers a faster payment experience while providing the same level of convenience and security they've come to expect from First Citizens."
In addition to making electronic payments faster, Visa payWave transactions do not require a signature for most purchases under $25. Cardholders enjoy all the same security protections the industry has come to expect from Visa, including zero liability for fraudulent charges and Visa's industry-leading anti-fraud technology. Visa payWave provides additional layers of security because the card never leaves the customer's hand, can only be read at extremely close proximity to a contactless reader, and uses data that is unique to each contactless transaction.
"Visa cardholders are looking for faster and more convenient transactions, especially for every-day small ticket transactions at fast food restaurants, convenience stores and thousands of other merchants in the U.S.," said Brian Triplett, Senior Vice President of emerging product development at Visa USA. "Thanks to our partnerships with issuers like First Citizens, we are able to give consumers the experience they demand."