Subscribe to InfoChoice to receive

Special offers
Exclusive offers
Market data, trends and insights

Banking / Credit Cards / NAB rolls out contactless Visa cards

NAB rolls out contactless Visa cards


National Australia Bank’s credit card customers will now be able to enjoy the speed and convenience of NAB Visa payWave contactless technology to help them pay for purchases in the busy Christmas shopping period.

The new technology allows customers to make purchases under $100 on their credit card without the need to sign or use their PIN. Customers simply hold their NAB Visa payWave card in front of the contactless EFTPOS reader to complete the transaction.

NAB's Low Rate Visa Card is the first product to feature the technology from today, and will be followed with a progressive rollout across selected products through 2010.

The new NAB Visa payWave contactless cards follow the installation of up to 2,500 NAB Contactless Readers at merchants across the greater Melbourne and Sydney areas. In addition, the Melbourne Cricket Ground expects to install up to 200 contactless enabled readers by Boxing Day to help reduce queue times for summer cricket goers.

In a first for the Australian banking industry, NAB will be the first financial institution in Australia to offer a broad-based commercialisation of contactless issuance and acceptance utilising Visa payWave technology.

NAB Visa payWave cards utilise EMV-level encryption technology which helps makes counterfeit fraud virtually impossible.

The new cards are also protected by the NAB Defence Promise – providing leading and innovative security measures to fight fraud.

Source: NAB

Previous Article  Next Article

Review Credit Cards Australia

Simply browse from the listings based on what type of card you want.

Low Rate Cards

Balance Transfer Offers

Introductory Rate Offers

Platinum & Gold Cards

Reward Cards

Business Cards

Browse by Brand


2015 Partner Awards

Money partner of the year

AFR Smart Investor
Blue Ribbon Awards

Find out more

Twitter Facebook

© InfoChoice Pty Ltd ABN 93 061 105 735 AFSL and Australian Credit Licence number 349445

Although we cover a range of products, providers and services we don't cover every product, provider or service available in the market. The information and products contained on this website do not constitute recommendations or suggestions to purchase or apply for any particular product. Products included on this site may not suit your personal objectives, financial situation or needs. Please consider whether it is appropriate for your circumstances, before making a decision to purchase or apply for any product. If you are considering acquiring any financial product you should obtain and read the relevant Product Disclosure Statement or other offer document prior to making an investment decision.

Go to top