In the latest aspect of Visa Cash's Australian pilot, Coca- Cola vending machines will be outfitted to accept the plastic cards with embedded computer chips. Thirty machines that sell Coke will accept the cards beginning next month.

Westpac Banking Corp.; Australia and New Zealand Banking Corp.; Cuscal, a group of credit unions; National Australia Bank, and Commonwealth Bank are participating in the test. The pilot is now in its ninth month, and 100,000 transactions have been completed.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.