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Vodafone, Visa take a stab at the future of payments processing

Staring soon, Vodafone will hand out the highly coveted Samsung Galaxy SIII phones to 101 people to test the future of payments. Its vision of that future consists of contact-less checkouts, using an intelligent app loaded and a prepaid card worth up to $1,000 into the smartphone, and Visa’s payWave reader, backed by advanced processing technologies.

Tapit’s super-speedy seed funding round

Our guess is there’s a whole lot of ‘Booyah!’ heard in the vicinity of Tapit Media’s Sydney offices right about now. The start-up, which specialises in new Near Field Communication (NFC), recently closed its seed funding round a diddy 22 days after pitching to Sydney Angels. So what is it about Tapit that makes investors part with their moola at breakneck speed?
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