Navy Federal Credit Union has announced that it now offers its 4.4 million members V.me, the digital wallet service powered by Visa.
Billed by Visa as a secure way for consumers to pay online – whether on a computer or a mobile device – V.me streamlines the purchase by letting the customer click on a V.me button, enter his/her email and password, and that basically completes the purchase. There is no need to enter credit card information.
PayPal offers a similar service, and Google Wallet is used by some merchants in a like way. Many other players also are fighting for notice in the nascent digital wallet space.
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