Bank of America Corp ( BAC ) and Visa Inc. ( V ), the world's largest payment processor, will begin a test program next month that allows consumers to pay for purchases in shops using their smartphones. The program will run from September through the end of 2010 in the New York area, Reuters reported. The program will allow certain New York-area customers and employees to install small chips in their... Continue reading Bank of America, Visa to Test Smartphone Payment Program Bank of America, Visa to Test Smartphone Payment Program originally appeared on DailyFinance on Fri, 20 Aug 2010 07:23:00. Filed Under: Company News , Technology , Bank of America , Retail , Visa Permalink | Tweet this! | Comments