PayPal has acquired a start-up called Card.io, which lets developers read credit card information using a smartphone's camera.
"We first met with the team at card.io when we were working on integrating their technology into the PayPal Here mobile app," said Hill Ferguson, vice president of global product over at PayPal.
By: Mark Brown, Edited by: Duncan Geere
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via Wired.co.uk
http://www.wired.co.uk/news/archive/2012-07/18/paypal-card-io
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