PayPass

British  

/ ˈpeɪˌpɑːs /

noun

1. a type of wave-and-pay system that employs RDIF technology, and allows shoppers to pay for low-value goods by touching their debit or credit card against an electronic reader See also wave-and-pay

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Example Sentences

As an example, the CVV for Mastercard PayPass is the result of a cryptographic equation.

From Forbes

Credit cards with NFC chips, like Mastercard PayPass are similar, but few merchants are issuing that type of card.

From Forbes

People are using a variety of devices, some like the iPad just a few years old, without thinking about them as different products; they are simply whatever is convenient whether it is a PC for content creation, cards and devices like PayPass for shopping, internet-connected refrigerators and thermostats, plus tablets and smart TVs for entertainment.

From Forbes

MasterCard also has an NFC enabled application called PayPass.

From Forbes

It comes almost a year after MasterCard's first foray into the mobile payments market with PayPass, which let customers pay at store tills by simply tapping their cards against a sensor.

From Reuters