Visa U.S.A. took the wraps off of its digital wallet strategy Tuesday, saying it and participating banks could distribute as many as a million wallets to Internet shoppers before the year is out.

The San Francisco-based association said eight leading credit card organizations, including Bank One Corp. and MBNA Corp., are initially behind the initiative. The principal technology supplier is Cybercash Inc., but Visa has also worked with the newer software company and will cooperate with any vendor that a bank might choose.

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