toggle

AAPL Stock: 100.96 ( -0.83 )

Subscribe to this page now.

PayPal acquires photo-based mobile payments firm Card.io

07/18, 6:34am

Card.io purchase brings extra payment options to PayPal

PayPal has acquired mobile payment system Card.io. The mobile app system relies on taking a photo of a credit or debit card with the phone to get the card details, rather than swiping the magnetic strip through a portable reader used in other services such as Square. The purchase of Card.io by the payments firm will add another mobile payments system to its portfolio, alongside its already existing Paypal Here swipe add-on for handsets.

more

Card.io takes on mobile payment through credit card photos

06/24, 8:15am

Card.io snaps credit cards for payments

Two ex-Admob executives have launched a new mobile payment system for both iOS and Android devices. The Card.io payment system is designed to work as embedded code within a third-party app. At the time of purchase, a Card.io-enabled app is launched by the user and snaps a photo of their credit card. The built-in Card.io functionality then scans the card for the necessary information required to process a payment through the participating merchantís third-party payment system. Upon completing the transaction, the data is immediately deleted.

more

MacNN Sponsor

MacNN Newsletter

FREE Apple, iPhone and Mac Newsletter

  • We will not share your email address with anyone.

    toggle

    Most Popular

    MacNN Sponsor

    Recent Reviews

    Autodesk Smoke 2015

    Since May of this year, Autodesk has been shipping the highly anticipated update to its high-end post-production video editing suite, ...

    Crucial MX100 256GB SATA-3 SSD

    While the price-per-gigabyte ratio for magnetic platter-based hard drives can't be beat, the speed that a SSD brings to the table for ...

    Narrative Clip

    With the advent of social media technology, people have been searching for new ways to share the events of their daily lives -- be it ...

    toggle

    Most Commented