Printed from http://www.electronista.com

Visa labels digital wallet "V.me," plans dev program

updated 11:15 pm EST, Tue November 15, 2011

V.me aims for app, website integration

Visa has reportedly chosen the label V.me to represent its upcoming digital wallet service, which will be paired with a developer program. The service aims to compete with PayPal and other alternatives, providing users with a quick way to make web-based payments without typing in a full credit-card number.

The developer program is geared for a wide range of potential V.me implementations, with APIs for mobile apps and JavaScript code for websites. The company is currently offering tools to enable developers to integrate the payment system to be ready by the time the service officially launches.

Visa recently detailed its plans to support near-field communication (NFC) for mobile payments, which are eventually expected to eliminate the need to enter PIN codes and signatures without compromising security.

Although PayPal currently dominates the market, American Express earlier this year unveiled its own competing service. Like V.me, Amex's Serve system will enable users to fund their account using bank accounts or credit cards from various companies.

V.me is expected to launch sometime early next year. [via AllThingsD]



By Electronista Staff
toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Life n Soul 8 Driver Bluetooth headphones

When it comes to music on the go, consumers generally have some options to consider when looking for the best experience. While Blueto ...

Tesoro Tizona G2N Elite gaming keyboard

The market for gaming keyboards is getting crowded, starting off with some fairly simple keyboards and diverging into the land of modu ...

GX Gaming DeathTaker mouse

Gaming is a serious endeavor for many people, driving them to look for the best performance in their system and interface devices. Fro ...

Sponsor

toggle

Most Commented

 
toggle

Popular News