Jumio, an online and mobile payments company that allows merchants to process credit cards via webcam or phone camera image, has revealed that its USD25m Series B round was funded by previously undisclosed investors Andreessen Horowitz. Andreessen Horowitz general partner Scott Weiss will join Jumio’s board of directors, as part of the deal. Jumio is unveiling a new product called Netverify that can help retailers confirm a customer’s ID by taking a picture of ID documents.
Advert - Advertise here!
Related Editorial Articles
UKPC seminar highlights industry's burning issues
PaymentEye were recently at the UK Prepaid Club seminar hosted by GX in association Smartex at the Park Lane Hotel, London. The event bought together various industry members to discuss a number of topics from mobile to prepaid solutions.
To begin ...
PayPal Offers Free Mobile Payments in the US
PayPal President David Marcus has announced that the company will be offering free credit, debit, cheque and PayPal transactions to companies in the US using its Here Solution.
As a result, Its Cash for Registers initiative waives the processing fees ...
How PayPal, Square & Groupon are battling to control the cash register
The battle for control of the payments market is moving into a new arena: point-of-sale services. PayPal, Square and Groupon are all launching new solutions aimed at getting both major retailers and small businesses using their services. For the winner, ...
Compass Plus: Industry expectations for contactless are overambitious
16 May 13
- PaymentEye
- 
A survey conducted by Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has revealed that the reality of the mass adoption of contactless payments is much further behind ...
