User can avail the facility by enrolling from their existing Visa and other payment card accounts, enabling payment for online purchases with their debit or credit cards through a PC or mobile device.

The bank retail payment solutions chief marketing officer Clifford Cook said, "V.me presents a new service for our customers that addresses the growing consumer desire to shop online from any device with ease and simplicity."

The payment processed under this service will be protected within the payments technology provider’s network, the lender said.

Visa connects consumers, businesses, financial institutions, and governments in more than 200 geographies and territories to fast, secure and reliable digital currency.

US Bancorp is the parent company of US Bank, which manages 3,086 banking offices in 25 states and 5,080 ATMs and offers a line of banking, brokerage, insurance, investment, mortgage, trust and payment services.