Visa launches digital wallet beta with

While credit card rival MasterCard announced its own digital wallet platform, Visa has some news of its own. It’s launching the first beta of its wallet service with online retailer as it prepares to go public with the its payment product.

Visa’s digital wallet set to debut this fall in Europe, Visa’s digital wallet competitor to PayPal, is scheduled to debut this fall in the UK, France and Spain. It will be an online payment service at first but the bigger plan is to make it an in-store tool for transactions using NFC.