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Jumio offers an advanced technology that increases security and ease of use for online and mobile credit card payments.
Jumio is the inventor of Netswipe, a patent pending solution that turns any webcam into a credit card reader.
So how can you defend yourself from a webcam hacking?
Facebook co-founder Eduardo Saverin, member of the Jumio board of directors, previously led a Series A funding round of US$ 6.5m and will oversee Jumio’s rollout into the Asian market.
Says Saverin: “I am very excited to be involved with Jumio, which has developed a ground breaking technology that fulfills two of the most important aspects of payments processing: heightened security and a simplified user experience.” Additionally, Jumio’s advisory board includes former executives from Google, Amazon and NASA.
By using You Tube, you share your video stream to the largest video platform in the world.
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“During our pilot phase, we have conducted a customer survey with a focus group who have used Netswipe.
Amongst other impressive numbers, the churn rate decreased significantly from 52% to 21%.“ (Mattes) With the launch, Jumio has introduced three products for merchants that simplify the online payment process: Netswipe Start, Netswipe Scanning and Netswipe Processing.1.) Find the stream URL of your camera and set up your router, so we can connect to your camera stream.2.) Log into You Tube and create a live stream.3.) Set up streaming with both – camera URL and the You Tube Live streaming URL. If there are problems, we are glad to help you with the setup.Mountain View, CA: Payment company Jumio today unveiled a new technology solution for businesses to increase security and ease of use for online and mobile credit card payments.Additional products including a mobile solution will be released later this year.Jumio’s pre-launch negotiations attracted an impressive list of partners.Jumio’s advisory board includes Zain Khan, former Google executive, Mark Britto, former Amazon executive, Thomas Jungreithmeir, managing director of TJP and Bjorn Evers, former gaming industry CEO.