Jumio Turns Webcam Into Card Reader
ReadWriteWeb has a nice summary of new technology that turns a webcam into a card reader.
Payments company Jumio is today launching a new technology called Netswipe that turns any webcam into a credit card reader, both on the desktop and on mobile. The service aims to bridge the convenience of online and mobile shopping with the security inherent in face-to-face transactions. It also makes it incredibly easy to shop — you just hold up your credit card in front of your webcam to complete the transaction.
Jumio website is here. Watch the video for a quick summary of how it works.
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