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Card.io Processes Your Payment Using A Photo of your Credit Card

Card.io

The new application uses a smartphone camera to take a photo of a customers credit card and then allow a business to charge card holder. The team have targeted their new application at developers by creating a handy SDK which allows developers to simply drop the service in to applications that they maybe creating. Watch a brief demo of the Card.io system in action after the jump. Once your credit card has been photographed your card details are then processed by a third-party merchant, and when finished are then deleted from your phone.

Here's the video:

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