Tech specialist to optimise the concept for all phone platforms and become a reseller.
US-based/Austrian-owned Jumio developed its Netswipe system to use the camera as a payments tool.
But it's not the user that does the picture taking. Instead, the merchant trains their camera on the card to register the details automatically.
The user just has to enter their PIN code to complete the payment. It's in the same ball park as Card.io, which was bought by PayPal this week.
Clearly, the big hope of Jumio is that it can democratise the acceptance of credit cards so that any trader with a smartphone can offer the capability.
And now it's teamed up with mobile software specialist JMango to extend the reach of its tech to all major mobile operating systems.
The first SDKs developed by JMango will also be released in a few weeks. JMango will also become a reseller for Jumio.
Jumio has a total funding of $ 35.4 million to date.
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