Jumio the online verification and mobile payments platform, announced the release of its Netswipe Mobile for Android. Netswipe turns a customers smartphone camera into a real-time, secure credit card reader, allowing businesses to more easily and quickly accept mobile payments by eliminating the need for consumers to type in their credit card number.
By adding Jumios payment functionality to their apps checkout process, companies can see a lift in conversions up to 20%, due to the speed and convenience Netswipe brings to users, reducing fraud and eliminating errors in key entry, says Jumio in a statement.
Merchants devote so much money and resources to get consumers to the point of check out on mobile sites and apps, and cant afford to see them abandon their shopping cart, says Daniel Mattes, CEO of Jumio. Now, Netswipe can be integrated into any Android app to increase conversions by shortening mobile checkout times as well as making payments more secure and convenient for users.