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Differences between card and payWave transaction

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What is the difference between a Visa card transaction and a Visa payWave transactions?

A Visa card transaction is a transaction where the card is inserted into the merchant's card terminal. A Visa payWave transaction is a transaction where the card or mobile device is tapped onto the merchant's card terminal through contactless technology. Visa payWave have a daily transaction limit of 30 transactions or $15,000 per day. Visa card transactions have a daily transaction limit of $15,000.

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