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Payment association Apacs has released figures showing 'around 10m' UK shoppers have registered their credit and debit cards with MasterCard and Visa’s online verification schemes.
The group says more retailers have also adopted the Verified by Visa and MasterCard SecureCode systems, which remove their liability if fraudulent transactions take place and are reported to help increase average order values.
US bank Wells Fargo is to begin testing Visa's mobile payments system with 50 of its own employees.
Introduced earlier this year, the system allows customers to buy goods using mobiles equipped with special chips that can be swiped over retail scanners.
Visa has invested an undisclosed amount in Dublin-based mobile domain name registry dotMobi.
A new pay-as-you-go Visa voucher for online shopping has been released today, in an attempt to get more people shopping online.
Figures from the 3V Transaction Services ‘online shopper’ study reveal that around a fifth of people want to shop online but are reluctant to do so, and that over 9 million people in the UK are left behind by the online shopping boom.
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