Phone Scoop

printed July 30, 2014
See this page online at:
http://www.phonescoop.com/articles/article.php?a=8385

Home  ›  News  ›

Card.io Uses an iPhone's Camera to Read Credit Cards

Article Comments  7  

Jun 23, 2011, 11:46 AM   by Eric M. Zeman

A start-up called Card.io today announced a new way to ease the pains of mobile commerce. Card.io is offering an iOS software developers kit (SDK) that uses "visual swipe" technology to capture credit card data using the camera of an iPhone. Card.io believes that its software solution for mobile payments will be easier to implement than hardware solutions (such as NFC of external credit card readers) since it can be added to any application. Once a user is ready to make a purchase from a Card.io-enabled app, they simply hold up their credit card and the app does the rest. There's no need to type in credit card numbers, expiration dates, etc. According to Card.io, the application never saves credit card numbers, and all transactions and data are encrypted. Card.io is being run by two former AdMob employees, and today it also announced an initial $1 million round of funding.

more info at Card.io »
more info »

AD

Comments

Forum Options

This forum is closed.


Subject Author Date
eeek Red_Minx Jun 23, 2011, 1:17 PM
 
 
Page  1  of 1

This forum is closed.

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Phone Scoop on Google+ Subscribe to Phone Scoop on YouTube Follow on Instagram

 

All content Copyright 2001-2014 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.
1