Yesterday, Visa unveiled its V.me mobile wallet that will compete with PayPal in “card number-shielded” online/mobile payments.
Key features:
- Use on PC, tablet, or mobile device
- Use multiple cards
- Need only username and password to checkout online
V.me hopes to differentiate itself from PayPal by also supporting payments at the physical point-of-sale. However, PayPal is working on that as well.
The service is currently invite-only in the U.S. and Canada, but Visa hopes to make it publicly available in early 2012.
To learn more about Visa, watch its FinovateSpring 2010 demo.