Visa today is announcing a key development in its bid to build a ubiquitous digital wallet service to compete against the likes of PayPal. It has signed on Overstock.com as the lastest retailer to use V.me. That service now has 35 online merchants signed up, but Overstock, which makes some $1 billion in online sales annually across categories like furniture, rugs, bedding, electronics, jewelry and… → Read More
Visa is picking up steam quickly on its PayPal competitor, the V.me digital wallet service. Today it is adding another major U.S. bank, the Bank of America, to its existing list of 50 partners; and it has signed its second international deal, with the Royal Bank of Scotland in the UK, which also includes National Westminster bank. → Read More
As the digital wallet battle rages on here in the U.S., with Google Wallet, Amex’s Serve, MasterCard’s PayPass, Square, PayPal, carrier-backed Isis, and others all wrangling for a piece of the action, Visa’s digital wallet V.me is today exiting from beta, and announcing numbers related to its current traction. The company says that it has now signed up over 50 financial institutions to its… → Read More
This week, two of the major players in the credit card industry, Visa and MasterCard launched their online digital wallet services. Known as V.me (Visa’s) and PayPass Wallet Services (MasterCard), both are very similar initiatives which see the companies clamoring to become the credit card of choice for digital transactions, the way they fight today to be the credit card for all the other… → Read More
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