No credit card webcams

You could also experience larger purchases per transaction. You can offer your customer more information, such as order tracking.A customer can shop from the comfort of her or his home, in her bunny slippers or his boxer shorts."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," says Jumio founder and CEO Daniel Mattes.

Jumio, a secretive online-payments startup created by Jajah founder Daniel Mattes, is finally ready for its close-up.

That’s a fitting metaphor, because Jumio is enabling online credit card payments made by scanning a card with a computer webcam.

Dubbed Netswipe, the technology allows online retailers to easily process a debit or credit card payment by having a user just hold up their card to their webcam.

The video is encrypted and streamed to Jumio’s servers, which extract the card number and information and processes the payment.

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