News from the Wire

LivingSocial, Newegg.com add V.me by Visa

Thursday, December 13, 2012 — 17:57:42 (EST)

Foster City, Calif., Dec. 13, 2012 -- Whether you’re celebrating the holidays with family, friends, or both, early eCommerce data is showing just how generous people are through the holidays. Consumers are spending more time—and money—online as more people log-on to do their holiday shopping to avoid crowds, save money and simplify the gift buying experience. This year, Visa is making it even easier by adding two more leading online retailers to our growing roster of V.me by Visa merchants and further eliminating the hassles of online shopping.

Today, visitors to LivingSocial.com and Newegg.com can sign up for V.me, checkout with a few simple clicks, and say goodbye to having to enter their bill-to, ship-to and account information each time they make a purchase online. For both adventure lovers looking to book New Year’s Eve plans or discover a weekend excursion, or tech-enthusiasts looking for holiday shopping deals or the latest gadget, LivingSocial and Newegg.com are sure to have the perfect gift.

With just two weeks to finish holiday shopping before Christmas, it’s important to be able to buy gifts quickly. V.me allows people to do just that, enabling checkout with just a few clicks of the mouse at any of the leading 25 eCommerce merchants using V.me. Today’s news builds on the recent launch of V.me, where more than 50 financial institutions participated in the announcement, bringing the addressable base of cardholders to as many as 55 million.

Posted by: Jennifer Schulz, Global Head of eCommerce

The Green Sheet Inc. is now a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals. Click here for more information: bankcardlife.com?orid=33533&opid=1 .

Source: Company press release.