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:

How AI Could Affect Your Investing Strategies

If you are active as an investor, you've had to spend at least some time evaluating where and how to participate in artificial intellige...