Jumio Develops Webcam as Credit Card Reader

Payment company Jumio has launched a new technology solution for businesses to increase security and ease of use for online and mobile credit card payments. Jumio’s patent-pending Netswipe solution turns a webcam into a secure credit card reader, which allows merchants to more easily and efficiently accept payments online.

“Jumio bridges the gap between the security and trust of credit card payments at the point of sale and the availability and convenience of modern day online transactions,” said Jumio founder and chief executive officer (CEO) Daniel Mattes. “Consumers love the ease-of-use and the smooth experience associated with completing a transaction. At a time when both consumers and businesses are looking for more efficient and safe ways to make credit card purchases, Netswipe promises to usher in a new era of disruption that makes online payments easier than ever before.”


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