Welcome to Wave & Pay
The Retail Factory can help your business take advantage of Wave & Pay - one of the newest ways of making cashless payments to hit the UK. It’s a secure and even faster, more convenient way of making low value, everyday purchases under £10 using a chip card instead of cash. The customer holds the card within 5cm of a Contactless reader/terminal and this completes the transaction.
The Retail Factory can get your Wave and Pay terminals up and running each at a cost of only £24.99 per month. Speed up your transactions and reduce queue times with Wave and Pay.
The Retail Factory can help you make the most of Wave and Pay
For further advice or to purchase your Wave and Pay terminal, please contact Jay Willey on 0800 022 3237 or 07525 901 167 or request a callback by clicking here.
The low value transactions will not routinely require users to enter PIN numbers, but card chips will track activity and as a security feature will request a PIN from time to time.
Look out for the following symbol on your card, this shows that your card can be used to Wave & Pay.
This payment method is advantageous for the retailer, particularly those that handle large numbers of low value payments, such as supermarkets, convenience stores, fast food restaurants, cafes, newsagents, buses, trains and parking machines. The payment method can also be used for vending machines, road tolls or parking meters or other remote or unattended payment situations.
Benefits
For a retailer with high volumes of low value payments it is a quick and easy process which speeds up service, increases customer flow and reduces queues. It also eliminates the costs associated with handling cash.
The cardholder benefits through not having to carry cash and fumble around looking for correct change. With a simple wave of a card the transaction is processed, which in turn reduces the amount of time spent queuing.
Contact us today
The Retail Factory have created this site to help you make an informed decision about Wave and Pay. For further advice or to purchase your Wave and Pay terminal, please contact Jay Willey on 0844 800 9305 or 07525 901 167 or request a callback by clicking here.
