26 May 2018
https://aciworldwide.webex.com

BofA pilots Visa V.me

28 November 2012  |  2024 views  |  0 Source: Visa

Visa Inc. (NYSE:V) announced today that Bank of America (BAC) has agreed to offer Visa's digital wallet service called V.me and has begun piloting it to its online banking customers.

This service gives customers the ability to make simple and secure online payments without the hassle of constantly entering card account number, bill-to and ship-to information.

"We look at everything through the lens of the customer and continue to prioritize security, privacy, and fraud protection above all else," said David Godsman, Online and Mobile Solutions executive, Bank of America. "We believe our customers shouldn't have to forgo security for convenience when using a digital wallet. V.me offers customers a greatly simplified and secure checkout process when shopping online without sharing their financial information."

Bank of America customers can enroll in Visa's V.me service through online banking. Once enrolled, customers can shop with comfort knowing they are protected by layers of security within Visa's industry leading network. Customers will also be able to check out with a few clicks, eliminating the need to enter card, billing and shipping information for each purchase. The service will work on websites of participating merchants.

"Visa is committed to delivering a new dimension of convenience and security, one where consumers are no longer required to share personal information at checkout," said Jennifer Schulz (@Jen_Schulz), Global Head of eCommerce, Visa Inc. "We believe that Bank of America's decision to offer V.me to its vast customer base will accelerate merchant adoption and make this digital wallet even more valuable to consumers. In the end, the most successful payment platforms will be the ones with the greatest focus on security and the most benefit to consumers and merchants." 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit aciworldwide.webex.comVisit www.niceactimize.comVisit www.abe-eba.eu

Who is commenting?

Top topics

Most viewed Most shared
satelliteAnt Financial provides tech for China Ever...
24105 views comments | 3 tweets | 2 linkedin
Digital banking transformation creating new systemic risksDigital banking transformation creating ne...
8714 views comments | 18 tweets | 26 linkedin
MUFG to roll out blockchain payment network next yearMUFG to roll out blockchain payment networ...
7456 views comments | 13 tweets | 13 linkedin
There are some things you just can't do with an appThere are some things you just can't do wi...
6609 views comments | 9 tweets | 15 linkedin

Featured job

Competitive base, double ote, benefits
New York, Boston, Chicago, Philadelphia, USA

Find your next job