V.me by Visa

Is this Visa's version of PayPal?

Old story: http://allthingsd.com/20111115/visa-names-new-paypal-like-di...

This seems like OAuth for credit cards, awesome!

I believe this has the potential to take a lot of business from Paypal!

We need a payment processor that doesn't charge ridiculous "discount rates".

I wonder - how much did they pay for this TLD.