In Australia Paywave is much faster than phone payments. Anything under $100.00 and you just tap the screen with you're card, wait a second for approval then walk off, no signature or pin needed.
For a couple of years my debit card was paywave. When it worked it was excellent, though it seemed to fail about 20% of the time (I'd end up swiping). Then my bank removed it on their newer cards. I was sad.