Overstock.com has announced it will now begin to accept V.me, a digital wallet created by Visa. V.me will be added to Overstock’s list of checkout options, allowing customers to complete transactions on the site using only their V.me username and password.
The announcement makes Overstock the 35th e-commerce merchant to begin accepting V.me since its launch in late 2012. Other merchants that currently accept V.me include 1-800-FLOWERS, LivingSocial and Newegg.
“Overstock.com is a prime example of a top online merchant understanding the importance of a simple and secure checkout experience,” said Jennifer Schulz, the global head of ecommerce at Visa. “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.”
Overstock.com, a Salt Lake City-based retailer that offers various discounted products like furniture, jewelry, clothing, electronics and even vehicles, is one of the top five most popular mass merchandise sites on the web. The company boasts online sales of more than $1 million every year.
“V.me adds yet another quick, simple and safe method to purchase on Overstock.com,” said Dave Nielsen, the co-president at Overstock.com. “Visa is a trusted and reliable brand that reinforces our commitment to our customers.”
V.me is a free service that allows customers and merchants to submit payments easily from a PC, laptop or mobile phone. In addition to ecommerce merchants, V.me has also partnered with 64 U.S. financial institutions and banks. To learn more about V.me and its capabilities, visit http://v.me.
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