Visa introduced a new digital payment system July 16 called Visa Checkout, replacing the V.me digital wallet that formally launched in 2012.

"Visa Checkout is a fast, simple and intuitive payments experience that allows consumers to pay for goods online on any device in just a few clicks," Visa CEO Charlie Scharf said in a presentation broadcast from the card network's new development center.

Limited Time Offer

Save over $700 on your subscription. Special offer expires April 30, 2017.

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry