In an effort to boost consumer confidence and encourage online buying, Visa International is promoting two new measures: an extension of its security requirements to all new global merchants and an electronic wallet for secure Internet payments.

Starting Nov. 15, Visa plans to require all new Internet retailers that sign up with member banks to be fully compliant with its security standards and to ask that existing retailers work with Visa security experts to become compliant if they are not already.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.