Visa Introducing new eCommerce Solution? (from the earnings call transcript)
"Lastly, on the Internet, we continue to make progress in developing our new ecommerce solution. This solution, called Right Click by Visa, is an online shopping tool targeted to consumers that assists online shoppers by offering the ability to browse multiple merchants and select items consumers are interested in looking at in one central location, making comparison shopping easier, auto-sell capabilities that instantly populate the consumer's shipping and payment details for faster checkout, and exclusive offers for Visa cardholders and the ability to solicit feedback from friends on items the user is considering to buy.
Finally, we are working on an aliasing capability that will make the safest way to pay on the Internet even better. We expect rolling out his feature by the summer of 2010.
Extensive testing of Right Click has been completed and we are conducting tests with users and a limited number of U.S.-based issuers in the coming weeks. Based on user feedback, we are continuing to refine features and functionalities. We expect version 1.1 of Right Click to roll out next calendar year."
Visa Incorporated F4Q09 (Qtr End 09/30/09) Earnings Call Transcript: Click here to go to Seeking Alpha and read the transcript
