Visa Developing "One-Click" Payment System

Visa announced that they’re working on a “one-click” payment system that would make it easier for consumers to shop online without having to enter their credit card and billing information over and over again.

The idea is very similar to what Amazon has got going on, except that it would be able to be used all over the internet and not just at Amazon. The system would require just a user name and password. Visa hopes to have it ready in time for Christmas so that people can put even less thought into grabbing those fantastic leopard print earmuffs for their friends and family.

Visa Advances Toward a Digital Wallet [NYT]

Want more consumer news? Visit our parent organization, Consumer Reports, for the latest on scams, recalls, and other consumer issues.