The aftermost time we arrested in with Card.io there was a above aperture in the company’s software-based acclaim agenda acquittal band-aid for smartphones: There wasn’t an SDK for Android.
Today Card.io is alteration that by authoritative its optical appearance acceptance acclaim agenda clairvoyant accessible to Android developers. This is an important footfall for the aggregation because it’s targeting software developers, not merchants or consumers, with the technology.
The technology lets bodies breeze a account of their acclaim cards with a smartphone to acquirement appurtenances and services. Card.io reduces the cardinal of curtains appropriate to pay with a acclaim agenda by 20, the aggregation brand to boast. It keeps bodies from accounting their acclaim agenda advice incorrectly, accepting balked or abandoning a acquirement — all accepted issues with entering acclaim agenda advice on a smartphone.
Founded by above AdMob advisers Mike Mettler and Josh Bleecher Snyder, San Francisco-based Card.io has become accepted with iOS developers back its belvedere barrage in June 2011. Added than 80 apps accept chip the Card.io SDK and the aggregation says added than 750 new developers accept signed-up.
“We’ve been cerebration about area the charge is,” says Mettler, CEO of Card.io in an account with VentureBeat. “And Android has far beneath bodies active up with adaptable wallets.”
He credibility out that his better competitors accept been Google, Apple, Paypal and Square. It’s a awash acreage of competition, but Mettler hopes Card.io will address to developers because it does not crave consumers to change their habits or any hardware.
Perhaps the better risks to Card.io’s success are mobile wallets in general, which are predicted to put an end to concrete acclaim cards by 2013, according to experts. This will eventually accomplish the charge for an optical clairvoyant obsolete. Until then, Card.io’s beheld band-aid for adaptable payments is boxy to beat.
Card.io is backed by angel investors Michael Dearing of Harrison Metal, Jeff Clavier and Charles Hudson of SoftTech VC, Manu Kumar of K9 Ventures, Alok Bhanot (former VP, Risk Technology at PayPal) and Omar Hamoui (CEO and architect of AdMob).
Developers can download Card.io’s app for Android at https://market.android.com/details?id=io.card.demo.
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