Tweet this: Shopping for a table, t-shirt, or toothbrush and need to
checkout fast? V.me and Overstock.com have you covered #eCommerce
FOSTER CITY, Calif.--(BUSINESS WIRE)--Mar. 20, 2013--
Visa Inc. (NYSE: V) today announced that Overstock.com,
Inc. (NASDAQ: OSTK) is the latest top eCommerce merchant to accept V.me
by Visa payments. The discount retailer added V.me as a streamlined
checkout option, making it simple to enroll in the digital wallet
service and checkout using only a username and password.
Overstock.com joins other leading online merchants 1-800-FLOWERS.COM,
and 31 more since V.me’s launch. With annual online sales of more than
one billion dollars, Overstock.com is among the top five most-visited
mass merchandiser websites, selling a broad range of products including
furniture, rugs, bedding, electronics, jewelry and cars.
“Overstock.com is a prime example of a top online merchant understanding
the importance of a simple and secure checkout experience,” said
Jennifer Schulz (@Jen_Schulz), global head of eCommerce, Visa Inc.
“Delivering V.me to Overstock.com visitors means eliminating the time
and hassle at checkout, time we’d all much rather spend shopping for
great Overstock.com deals.”
Visa continues to make next-generation commerce a reality with V.me,
partnering with 64 financial institutions including 13 of the top 25
U.S. banks. The free V.me wallet service is designed to simplify the
eCommerce experience for merchants and consumers alike, whether shopping
from a PC, laptop, or mobile device.
“V.me adds yet another quick, simple and safe method to purchase on
Overstock.com,” said Dave Nielsen, co-president, Overstock.com. “Visa is
a trusted and reliable brand that reinforces our commitment to our
To access V.me video, images and other editorial materials, please
About Visa Inc.
Visa is a global payments technology company that connects consumers,
businesses, financial institutions, and governments in more than 200
countries and territories to fast, secure and reliable electronic
payments. We operate one of the world’s most advanced processing
networks—VisaNet—that is capable of handling more than 24,000
transaction messages a second, with fraud protection for consumers and
assured payment for merchants. Visa is not a bank and does not issue
cards, extend credit or set rates and fees for consumers. Visa’s
innovations, however, enable its financial institution customers to
offer consumers more choices: pay now with debit, ahead of time with
prepaid or later with credit products. For more information, visit corporate.visa.com.
OSTK) is an online discount retailer based in Salt Lake City, Utah that
sells a broad range of products including furniture, rugs, bedding,
electronics, clothing, jewelry, and cars. Worldstock.com,
a fair trade department dedicated to selling artisan-crafted products
from around the world offers additional unique items. Main
Street Revolution supports small businesses across the United
States by providing them a national customer base. A recent Nielsen
State of the Media: Consumer Usage Report placed Overstock.com among the
top five most visited mass merchandiser websites. The NRF
Foundation/American Express Customer Choice Awards
ranks Overstock.com #4 in customer service among all U.S.
retailers. Overstock.com sells internationally under the name O.co.
Overstock.com (http://www.overstock.com and http://www.o.co)
regularly posts information about the company and other related matters
Relations on its website.
Source: Visa Inc.
Lee Mokri, 650-432-2990
Kirstie Burden, 801-947-3116