Visa’s Mobile Wallet Expands Market Reach


Updated on Tue Nov 13, 2012

Visa said that its digital-wallet service, called, is now available at more than 50 financial institutions, including big names such as BB&T, PNC Bank and U.S. Bank.

“ is built around a single concept, to help people shop online simply and securely,” said Jennifer Schulz, global head of eCommerce at Visa, in prepared remarks. “We understand that need and believe our long-standing relationships with financial institutions, merchants and acquirers put Visa in a strong position to deliver the very best digital wallet experience.”

Using at participating retailers, bank customers simply provide their login credentials instead of providing their card information during checkout (similar to PayPal).

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