Wednesday, May 11, 2011

Visa to Launch Digital Wallet

Visa plans to launch a "digital wallet" service in the United States and Canada, sometime in the fall of 2011.

Visa said the wallet and services platform will store Visa and non-Visa payments accounts including PayPal information and will support near field communications payments through Visa’s payWave application.

The card network sees the wallet being used for e-commerce, mobile shopping, micropayments, social networks and personal payments. Notice the range of applications the service will embrace: digital wallet is more than "payment transaction."

No comments:

A Great Awakening: Two Thumbs Up

I just saw the movie “A Great Awakening,” about the friendship between Benjamin Franklin and pastor George Whitefield pronounced “Whitfield”...