November 14, 2012 at 17:29 PM EST
Visa Fattens Digital Wallet As Competition Heats Up
Credit card processor Visa (V) expanded its digital wallet program, with the announcement of 53 banks and credit unions signing on. Meanwhile, Bank of America (BAC) is making it easier for merchants to turn smartphones or tablets into mobile point-of-sale terminals. Visa says its V.me service streamlines the checkout process and, Visa claims, makes it more secure. Instead of typing in the long string of card numbers at checkout, shoppers enter an
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