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July 18, 2012 02:03 am GMT
PayPal just announced that it has acquired card.io, a company that allows developers to capture credit card information by using a smartphone's built-in camera. The financial details of the acquisition were not disclosed.As we reported earlier this year, PayPal's PayPal Here feature is already being powered by card.io's service, so the two companies already had a close relationship before this acquisition. According to card.io, the company's SDKs will continue to remain available for developers.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/yNtFIfVE9eE/
PayPal Acquires Mobile Payments Startup Card.io
PayPal just announced that it has acquired card.io, a company that allows developers to capture credit card information by using a smartphone's built-in camera. The financial details of the acquisition were not disclosed.As we reported earlier this year, PayPal's PayPal Here feature is already being powered by card.io's service, so the two companies already had a close relationship before this acquisition. According to card.io, the company's SDKs will continue to remain available for developers.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/yNtFIfVE9eE/
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