Bank of America is to offer Visa’s digital wallet V.me and has begun piloting the service to its online banking customers. The news follows hot on the heels of RBS becoming the first UK financial institution to trial the wallet.
“We look at everything through the lens of the customer and continue to prioritise security, privacy, and fraud protection above all else,” says David Godsman, online and mobile solutions executive, Bank of America. “We believe our customers shouldn’t have to forgo security for convenience when using a digital wallet. V.me offers customers a greatly simplified and secure checkout process when shopping online without sharing their financial information.”
Jennifer Schulz, global head of e-commerce, Visa, comments: “We believe that Bank of America’s decision to offer V.me to its vast customer base will accelerate merchant adoption and make this digital wallet even more valuable to consumers. In the end, the most successful payment platforms will be the ones with the greatest focus on security and the most benefit to consumers and merchants.”
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