Card.io Uses an iPhone's Camera to Read Credit Cards
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.
Samsung Pay Launches In the US
Samsung today made its mobile payment service, Samsung Pay, available to U.S. consumers.
SanDisk Says Latest MicroSD Card Is 3X Faster
SanDisk today announced the Extreme Pro microSDXC UHS-II card for mobile devices. The Class 10 card meets UHS Speed Class 3 and can deliver transfer speeds at up to 275Mbps.
SanDisk Debuts 400 GB MicroSD Memory Card for Phones
SanDisk today introduced a microSD card with a capacity of 400 GB. It has more storage than any other mobile memory card, according to SanDisk.
OnePlus Investigating Customer Credit Card Security Lapse
OnePlus said it is taking customer complaints about compromised credit card data seriously and is investigating around the clock. Nearly 200 people who purchased products from OnePlus' web site reported fraudulent activity on their credit cards afterwards.
The only thing this does, as far as I've seen, is take a picture of the front of the card and then read the number off of the picture, and relay th...
I dunno about all this crazy stuff either....hence why I went back to a dumbphone haha. In most parts of asia and europe, they've already had technology like this for a long time. Most p...