Jumio brings new Card Scanning Technology to enable Mobile Payments

Jumio, an online and mobile credentials management company, has introduced a credit card and identification scanning technology aimed at mobile retailers. The technology dubbed as BAM Checkout can be embedded into the payment process and enables users to bypass manual key entries when performing a mobile based payment. Jumio had also released a mobile holiday shopping report stating $8.6 billion as mobile commerce sales losses due to outdated mobile checkou ...

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