Visa launches e-wallet V.me beta released globally early next year

Beijing time on November 13th news, according to foreign media reports, with the growing popularity of e-wallets, Google, MasterCard, PayPass, PayPal, etc. have launched e-wallet business. Visa also announced today the launch of the e-wallet V.me test version, and said it has signed platform cooperation agreements with more than 50 US banks, including the two largest US retail banks, Pittsburgh National Bank and the United States. bank.

In addition, Visa said that the cooperation also includes 23 large merchants, such as PacSun, Shoebuy.com and Buy.com.

V.me includes online and offline services. As a public payment platform, V.me not only supports Visa, but also supports MasterCard, American Express and American Discovery cards. The user can upload the credit card to V.me and then complete the settlement through the platform. Given that mobile device billing still has some difficulty, this product will be mainly targeted at online shopping activities in the United States. Visa said it will make improvements based on the trial situation to meet the user's payment needs.

Jennifer Schultz, head of global e-commerce at Visa, said the product will be released globally in early 2013. The industry believes that Visa will face competition from Square and PayPal.

Schultz said that in early 2013, users around the world will be able to use this product. Because V.me makes better use of near field communication technology, this product may be more popular overseas than in the United States. In addition, it supports QR codes, barcode scanning, and other ways to shop. The laying of POS terminals will initially focus on those who support near field communication technology. A product that is targeted for payment. Therefore, its launch may change the current competitive landscape of mobile payments. (Tyumen)

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