card.io, a mobile commerce company founded by two former AdMob employees, Mike Mettler and Josh Bleecher Snyder, today announced its credit card processing system has gained traction with iOS developers leading the company to launch a similar SDK for Android. card.io’s free mobile payment solution allows consumers to take a picture of their credit card to process payments, without any extra hardware. Since its iOS platform launch in June over 80 apps have integrated the card.io SDK, with more than 750 new developers signed-up.

“Developers are all looking for the same thing when it comes to commerce; a frictionless consumer experience,” said Mike Mettler, founder and CEO of card.io. “Getting such a wide variety of apps to integrate our iOS SDK in less than three months has gone beyond our expectations and has set the stage for our Android availability today.”

card.io’s solution has huge appeal across several industry verticals including e-commerce, local, retail, ticketing, travel, and daily deal apps. Some active apps sending card scans using card.io are Venmo, a social payments platform, Merchant Billing, a billing, payments and processing company, and Qthru, a retail application that is geared toward improving the way people shop.

“card.io reduces the number of taps for adding a credit card by 20,” said Andrew Kortina, co-founder of Venmo. “That means 20 fewer opportunities for a typo, and happier customers.”

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 founder of AdMob).

Source: PR Web