30 June 2015

Visa signs 50 US financial institutions to digital wallet

13 November 2012  |  8590 views  |  0 Woman with shopping bag

As Christmas approaches, Visa has signed up another 50 US financial institutions to its V.me digital wallet service, designed to make online shopping simpler.

V.me lets users make secure online payments to participating merchants with just a username and password, removing the hassle of having to enter card account number, bill-to and ship-to information for every transaction.

In October, PNC became the first bank to offer the service to its customers and it has now been joined by more than 50 other financial institutions, mainly smaller community players. This means that around 55 million cardholders can use the service to shop at 23 e-commerce retailers online or through their mobile phone or tablet.

Jennifer Schulz, global head, e-commerce, Visa, says: "V.me is built around a single concept, to help people shop online simply and securely. We understand that need and believe our long-standing relationships with financial institutions, merchants and acquirers put Visa in a strong position to deliver the very best digital wallet experience."
KeywordsE-COMMERCE

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

12 November, 2012
25 October, 2012
15 October, 2012
16 November, 2011

Related company news

 

Top topics

Most viewed Most shared
Global fintech investment triples - Accent...
8746 views comments | 46 tweets | 25 linkedin
Barclays takes on Apple with wearable paym...
6820 views comments | 37 tweets | 25 linkedin
Wells Fargo to usher in voice and facial b...
5788 views comments | 20 tweets | 25 linkedin
E-commerce goes mobile
5025 views comments | 23 tweets | 20 linkedin
European ACHs form Sepa joint venture
4953 views comments | 22 tweets | 13 linkedin

Featured job

£90-110K Basic Circa £200-250K OTE NO CEILING
London

Find your next job