RBS launches Visa’s digital wallet

Launching Visa digital wallet

Royal Bank of Scotland (RBS) and Natwest are the first financial institutions in the UK to launch Visa’s new digital wallet V.me (view press release). A trial is currently underway ahead of a full launch in the spring of 2013 when the new wallet will be available to both RBS and Natwest customers.

“We are delighted to announce RBS as the launch partner for Visa Europe’s V.me digital wallet in the UK. Visa is committed to making online payments even easier and more secure, and our partners such as RBS are helping us make this vision a reality,” said Mariano Dima, Executive Vice President of Product and Marketing Solutions at Visa Europe.

Visa says that the V.me wallet enables consumers to complete online transactions through the internet browser on a PC, laptop, tablet, or smart phone in a simple and easy manner. The company hopes to incorporate other Visa payment technologies, including contactless transactions at the point of sale and person-to-person payments, after the initial launch next year.

Steve Rubenstein, Director of Everyday Banking at RBS, said: “As a business we are very excited by this partnership with Visa and the development of V.me. We believe that a proposition which reduces the effort of buying things online, while also improving security, for our customers is exactly the sort of thing we want to deliver.” 

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