CHARLOTTE, N.C. - NationsBank Corp. said it is the first bank to implement a pilot of the Visa Cash Card, a disposable stored-value card with a computer chip. Visa plans to distribute the card widely throughout Atlanta during the 1996 Olympic Games.

The $184 billion-asset bank started the pilot on Oct. 2, calling it the first step toward the rollout of a program, which will eventually encompass more than two million cards and thousands of merchants in the metro Atlanta area.

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