PayPal Acquires card.io

**HTMLBasicTutor** · Share | #1 (**permalink**) 07-19-2012, 08:46 PM

Quote:

I’m excited to announce that PayPal has acquired card.io, a San Francisco-based company that provides technology for developers to capture credit card information by using the camera on a smartphone.

Continued: PayPal Acquires card.io - PayPal Blog

Hmm, don't know if I'd use this. What about you? Wouldn't you be worried about security risks?

chad1988 · #2 (**permalink**) 10-01-2012, 05:32 AM

I don't think I'd use it. Sounds way insecure to me.

Chad

**ScriptMan** · #3 (**permalink**) 10-01-2012, 05:57 AM

They are taking a position for the future. Expect more acquisitions.

And yes I agree with Tutor. One of the banks now lets you deposit a check to your account using a camera and a phone. I won't be using that either.

adsonmycar · #4 (**permalink**) 10-05-2012, 09:42 AM

This reminds me of a movie called In Time, transferring money was done so easy to a point the it literately hurt people. Justin Timberlake is the main actor. Watch the movie, see if you agree.

mark2022 · #5 (**permalink**) 10-16-2012, 07:26 AM

Its good PayPal has acquired a card because that will make it more convenient for their customers. They should however make this card available for all their customers worldwide and not just in North America alone.