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Visa begins iPhone 'iWallet' payment tests in Europe

COMPUTERWORLD: The iPhone ‘iWallet’ becomes even more real today as Visa Europe launches the first commercial deployment of its own iPhone payments App today. This news as NFC-capable iPhones should show later this year, with AAPL apparently pondering ways to offer a merchants cheap and easy set-up for payment kiosks — mobile payments are nothing without the infrastructure to accept them.

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