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Visa ready to launch its iPhone based mobile payment system

visa iphone payment1 Visa ready to launch its iPhone based mobile payment system

Visa and DeviceFidelityare working to allow Apple iPhone users to make payments by simply waving their iPhone in front of a contactless payment terminal. The new technology, developed by DeviceFidelity and certified by Apple, combines a protective iPhone case with a secure memory card that hosts Visa’s contactless payment application, called Visa payWave. The technology will work for both iPhone 3GS and iPhone 3G devices.

iPhone users will be able to make …

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