At a time when both consumers and businesses are looking for more efficient and safe ways to make credit card purchases, Netswipe promises to usher in a new era of disruption that makes online payments easier than ever before." Bringing Card Present Transactions Online Jumio developed a technology that utilizes any webcam as a credit card reader to offer consumers a quick and easy way to make purchases online.Netswipe is the first and only solution that enables online card-present-transactions: Checking out just like at the point of sale (POS).Additional products including a mobile solution will be released later this year.Partners, High Profile Board of Directors Jumio's pre-launch negotiations attracted an impressive list of partners.The company was founded in 2010 by Daniel Mattes and employs 35 people.
We're not sure how the software is able to distinguish a physical credit card from, say, a photocopy of a card, but it certainly sounds more secure than the standard input form we use today.Expect more cards to tailor rewards to consumers ages 20-35. (See Cards court millennials)2017 holiday card perks and rewards -- Card issuer holiday rewards and perks include bonus rewards on shopping portals, discounts on gift cards, access to exclusive events, extra cash back at popular retailers. (See Card issuer holiday rewards and perks)Should you use your card issuer's travel portal?-- Should you use your card issuer's travel portal? (See Card issuer travel portals)How to earn rewards on your teen's spending -- Adding a teen as an authorized user on a parent's credit card can build the child's credit and help in amassing points, miles or cash back. (See Earn rewards on teen's spending)Q&A: How do redeemed travel points get refunded if I cancel?(See Consumer credit report)Infographic: Cards, not student loans, is most-common debt for millennials -- When you think of millennials and debt, student loans come to mind.But a new survey says card debt is actually more common. (See Card debt and millennials)Banks tighten credit card loan standards, Fed says -- Federal Reserve survey of senior loan officers finds declining appetite for risk meant higher barriers for credit card applicants in the third quarter. (See Tightening credit card loan standards)Former boss let me use his card, now he cries fraud -- If you used a card given by a former boss who is now threatening legal action against you, seek legal advice. (See Former boss cries card fraud)Average card APR remains at 16.15 percent for seventh week: Credit Weekly Credit Card Rate Report -- Nov.