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Visa dubs upcoming digital wallet service ‘V.me,’ looks to tell apart product line

Visa dubs upcoming digital wallet service V.me, looks to tell apart product line You’ll be using a Visa digital wallet next year, even supposing the emblem name says otherwise (my Visa account was hacked twice during the past 18 months you obtain vast amounts of premium shampoo and Xbox Live account add-ons, so maybe it is a great thing). Recently, the corporate announced that it’s going to be using the name V.me to differentiate its upcoming digital wallet from its other services. The service, that’s expected to launch in early 2012 following a personal beta period, will allow customers to fund the account via their Visa card, a MasterCard account or their checking account. Taking a lead from competitors inclusive of PayPal, Amazon.com and American Express, customers should be ready to log in through a user name and password in preference to keying of their 12-digit account number at any time when. A PayPal-esque send and receive money feature can also be inside the works, making an allowance for users to shoot money to one another at the fly. The corporate has also stated that it’ll be developing mobile-friendly applications for shopping from a smartphone or a tablet, the apps eventually allowing people to pay using near-field technology. And if someone should purchase $500 worth of premium shampoo on an innocent man’s card simply by pointing their smartphone on it, that’s technology in action.

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