Visa Inc. and Vodafone Australia Ltd., are launching the SmartPass mobile wallet, which lets consumers with Near Field Communication-equipped phones make payments through a virtual Visa prepaid card.

Vodafone Australia, a unit of Vodafone Hutchison Australia Pty Ltd., and Visa announced Nov. 20 details of the mobile wallet venture it will test in Australia through the end of the year and make available to consumers worldwide in early 2013.

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