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Monday, April 30, 2012

Visa Europe mobile wallet to hit the UK this autumn

Visa Europe says its new online digital wallet service, V.me by Visa, will be available to a select group of consumers in the UK, Spain and France from autumn this year. Further details, including information about participating banks and retailers, will be announced soon. Payments processor WorldPay has been confirmed as a key development partner for V.me in the UK.

V.me by Visa will be available through Visa’s member banks. Consumers will be able add several different credit/debit cards to their digital wallet and then access the service via PC, laptop, tablet or smartphone.

Mariano Dima, Executive Vice President of Product and Marketing Solutions at Visa Europe, said “V.me sits at the heart of Visa’s future of payments. For the first time, consumers and retailers will have a streamlined online checkout experience through an acceptance mark that offers industry-leading security and, when a Visa card is used in a V.me wallet, the same protection and rights that come with any Visa card transaction. Our intention is that V.me will ultimately be able to incorporate any or all of our new payment technologies, allowing our members to deliver the best possible payments experience whether face-to-face, online or in a mobile environment. This comprehensive service suite, delivered under the V.me umbrella, will offer an easy way to benefit from the scale, security and reliability of Visa.”

We spoke to Pedro Sousa of Visa Europe about mobile payments at Mobile World Congress in February. You can listen to the interview (which starts at 14:45) via the built-in audio player on our website or by downloading the MP3 file.
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Author: The Fonecast
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