My card now has pay wave (contactless), chip (and pin when required), and magnetic stripe.

It's a crapshoot which one will work at any given store. I do prefer the chip over swiping due to having to replace cards so often when the stripe wears out.

Contactless is listed at a lot of places, but it doesn't work consistently for some reason. Makes it hard to trust using it when the store is busy.

It was very popular for a while. Some banks were even issuing little mini-cards that were just big enough to contain the NFC chip.

As of this month, all of my contactless cards have been replaced by EMV cards without NFC. Now I only have it on my phone and smart watch.

The US actually had a lot of contactless cards for a while, before EMV, but it seems like that's been phased out (outside of the use of NFC via Apple Pay / Android Pay.