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Wirecard AG is exclusively offering shop operators a new function on its Wirecard Payment Page starting immediately. Jumio's Netswipe solution turns any webcam into a credit card scanner. Online merchants benefit from higher conversion rates and a significant reduction in card fraud. Online payments are also even simpler for consumers as the manual input of card details is not necessary. Wirecard is the only payment service provider to support this tool for shop operators who have existing card acceptance contracts.
Daniel Mattes, founder and CEO of Jumio, which is headquartered in Mountain View, California, commented: "Our Netswipe solution transforms any computer with a webcam into a card reader. This means that users no longer have to input long credit card numbers, with the risk of error that this entails, and traders can rest assured that the buyer's card is physically present,...