To complete a transaction, consumers briefly hold their credit card in front of their webcam during a secure video stream.
The consumer's details are verified during the video session so there is no need to capture a still photograph or for data to be stored on the computer that is used for the payment.
US-based i Phone and Android payment company Square has been making waves in the US with its mobile credit card reader and corresponding app.
Square essentially enables anyone with an i OS or Android-based device to turn their gadget into a point of sale and to accept cash and credit card payments, however it requires people to have a (free) credit card reader.
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There are four things you need to begin broadcasting, which are: Lets address each of these in order, or click to jump ahead to setting up your encoder.
For consumers, especially those using mobile phones or tablets, the payment system takes the hassle out of trying to type a long string of numbers while shopping online.
Jumio claims its Netswipe is the first and only payment solution that enables online card-present transactions, but a second company called Lumber Labs introduced its own automatic scanning mobile credit card payment solution, called card.io, in late June.
These are web ready cameras that can quickly plug-in and be picked up by encoders.
If programs like Skype can pick up your camera signal, so can your encoder.
To measure it, follow the instructions below — once you submit your photo, our team of experts will determine your PD and email you once we’ve applied it to your order.
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