Visa (V) adds over 50 banks and credit unions for V.me, its new "digital wallet" service that...

|About: Visa Inc. (V)|By:, SA News Editor

Visa (V) adds over 50 banks and credit unions for V.me, its new "digital wallet" service that competes with PayPal (EBAY) and aims to ease the online check-out process by eliminating the need for customers to enter lengthy credit-card details when purchasing a product. Visa expects that over 1,000 merchants will install V.me by the mid-2013 vs 23 at the moment.