Summary: Visa's V.me mobile wallet service will launch in three European countries by fall 2012. But it arrives late to the game and faces stiff competition from rivals.
Visa will launch its new digital wallet service dubbed V.me in France, Spain and the UK by fall 2012.
The technology allows customers to sign in and pay for goods - in a similar way to how PayPal works - instead of typing in their full credit or debit card details each and every time, sister site CNET reported last year when the service was first announced.