Faster transactions

If your business handles a high volume of customers and mostly low-value purchases, you can’t afford to waste time processing transactions. With MasterCard® Paypass™ and Visa payWave, you can reduce customer waiting times and increase sales.

Great for business
Contactless payment systems are a simple and effective way for you to handle more customers in less time. For purchases of less than $100, customers don’t need to swipe their cards, provide signatures or enter PINs – they just tap their MasterCard® PayPass™ or Visa payWave card against the contactless reader at the checkout, and they are ready to go.

This super-fast payment system reduces the chance of cashier errors and the amount of cash you have on premises. It could also help you increase customer loyalty because shoppers can get what they need without the wait.

A better customer experience
Once you have your contactless payment system installed, you’ll find your customers warm to it very quickly. They’ll enjoy the fact that they don’t have to wait in long queues or worry about having enough cash for small, fast purchases. And the system’s in-built safety features ensure your customers won’t be caught out paying for someone else’s purchases or being double charged.

Easy to use and install
If you would like to offer MasterCard® Paypass™ or Visa payWave in your business, all you need is a contactless reader that plugs straight into your Commonwealth Bank EFTPOS terminal.

Find out more about contactless payments

• Important information
  As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on this advice, consider its appropriateness to your circumstances. View our Financial Services Guide (PDF 218KB). Full terms and conditions are available on application. Bank fees and charges are payable.