Visa Europe partners with Computop to implement the digital wallet V. me by Visa


Visa Europe is partnering with one of Germany’s most important Payment Service Providers (PSP), Computop, to implement the digital wallet V. me by Visa in German online retail payment solutions on a large scale.

Frankfurt am Main, June 22, 2015 – As part of the strategic partnership, Computop will be in charge of the technical integration of V.me by Visa as an online payment solution for German e-commerce retailers. Furthermore, Computop will implement V. me by Visa in essential e-commerce shop systems. Thereby, standard applications of Visa’s innovative payment solution will also be available to small and mid-sized merchants. Additionally, Visa and Computop will cooperate in terms of marketing, public relations and sales.

“With Computop, we have found a reliable and experienced partner to successfully implement V. me by Visa in Germany“, says Ulrich Keppler, Acceptance Development Central Europe for Visa Europe. “We expect our digital wallet to be available to first consumers as a convenient, fast and secure online payment solution by September 2015.“

Ralf Gladis, founder and CEO of Computop, also sees great potential in cooperating with Visa: “We will be in charge of technically implementing V. me by Visa, as well as drive sales. Working with Visa is a great opportunity for Computop, as it allows us to offer our e-commerce clients the potential access to 500 million Visa cards in Europe.”

V.me by Visa is a digital wallet which can be used throughout Europe. It was developed by Visa Europe and is offered to consumers by their bank. It allows consumers to include their debit and credit cards from various issuers in the digital wallet. The wallet can then be used to pay while shopping online. To do this, cardholders log in with their V.me by Visa username and password and choose the card they would like to use to make the payment. Entering the card details is not necessary. The payment process is completed with three clicks, which makes the online shopping experience significantly faster and safer – especially when shopping on a mobile device. V.me by Visa will also reduce the frequency of cart abandonment during check-out. The digital wallet is conveniently accessible with any browser, via PCs, laptops, tablets or smartphones, and offers a consistent and comfortable user experience. In addition, using V. me by Visa as a payment method makes online shopping safer as the full card details are not shared with the retailer.

Visa Europe has already signed contracts for V. me by Visa with 14 other Payment Service Providers, such as First Data, AltaPay and Worldline. Throughout Europe, there are 40,000 retailers which accept payments with V. me by Visa including Currys, PC World and Clarks in the UK, merlin.pl and E.Leclerc in Poland, Ticetea and PC Componentes in Spain, as well PMU and Leclerc Drive in France. In Germany, nine of Visa Europe’s member banks have started pilot projects that enable their employees to make live transactions using V. me by Visa. In Germany, the digital wallet is scheduled to be available to bank customers by the end of 2015.


About Visa Europe
Visa Europe is a payments technology business owned and operated by member banks and other payment service providers from 37 countries across Europe.

Visa Europe is at the heart of the payments ecosystem providing the services and infrastructure to enable millions of European consumers, businesses and governments to make electronic payments. Its members are responsible for issuing cards, signing up retailers and deciding cardholder and retailer fees. Visa Europe is also the largest transaction processor in Europe, responsible for processing more than 16 billion transactions annually – at a rate of 1,622 transactions per second at peak times.

There are more than 500 million Visa cards in Europe, while €1 in every €6 spent in Europe is on a Visa card. Total expenditure on Visa cards exceeds €2 trillion annually, with €1.5 trillion spent at point-of-sale.

Since 2004, Visa Europe has been independent of Visa Inc. and incorporated in the UK, with an exclusive, irrevocable and perpetual licence in Europe. Both companies work in partnership to enable global Visa payments in more than 200 countries and territories.

For more information, visit www.visaeurope.com and @VisaEuropeNews

About Computop

As one of the very first payment service providers, Computop offers its customers around the world local and innovative omnichannel solutions for payment processing and fraud prevention. The internally developed Computop Paygate payment platform enables seamless integrated payment processes for e-commerce, at POS and on mobile devices. Retailers and service providers have the flexibility and freedom to choose from over 350 payment methods enabling them to specifically tailor their payment options per country. Technologies such as biometric authentication and self-learning algorithms improve security and convenience for retailers and consumers alike.

Computop, a global player with its head office in Germany and locations in China, England and the USA, has been servicing large international companies in the service, retail, mobility, gaming and travel industries for more than 20 years. These companies include global brands such as Amway, C&A, Fossil, the entire Otto Group, Sixt, Swarovski and Wargaming. Computop also provides its payment system to banks and financial service providers as a white-label solution. In total, Computop processes commercial payment transactions with a combined value of USD 36 billion annually in 127 currencies. With its individual and secure solutions, Computop makes a major contribution to the future of international payment processing.

Press contact

Jessica Mularczyk
Ascendant Communications for Computop

T: 508-498-9300
E: [email protected]
W: w w w . a s c e n d c o m m s . net

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