PayPal Acquires card.io : now work's integrated with Paypal service
PayPal has acquired the San Fransico-based card.io company. PayPal’s Vice President ,Hill Ferguson announced the acquisition officially on the the PayPal Blog earlier today, saying that the card.io team will be joining PayPal’s San Jose team to help “create new experiences to make it even easier for consumers and merchants to use the PayPal digital wallet.” card.io is a technology allows app developers to capture credit card information using the camera on a smartphone, making it easier for consumers to enter their card information. PayPal says that card.io’s current technology will remain available to developers, so if you’re using card.io’s tech in one of your apps at the moment, you can still use it as PayPal will not be forcing card.io to discontinue its current offerings.and also Ferguson, doesn't reveled the money he invested source | via