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To complete a transaction, consumers briefly hold their credit card in front of their webcam.

Through secure videostreaming, the credit card details are recognized and verfied.

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Amongst other impressive numbers, the churn rate decreased significantly from 52% to 21%.“ (Mattes)With the launch, Jumio has introduced three products for merchants that simplify the online payment process: Netswipe Start, Netswipe Scanning and Netswipe Processing.

Additional products including a mobile solution will be released later this year.

Mountain View, CA: Payment company Jumio today unveiled a new technology solution for businesses to increase security and ease of use for online and mobile credit card payments.

Jumio’s patent pending Netswipe solution turns any webcam into a secure credit card reader that allows merchants to more easily and efficiently accept payments online.“Jumio bridges the gap between the security and trust of credit card payments at the point of sale and the availability and convenience of modern day online transactions,” says Jumio founder and CEO Daniel Mattes.

“Consumers love the ease-of-use and the smooth experience associated with completing a transaction.

At a time when both consumers and businesses are looking for more efficient and safe ways to make credit card purchases, Netswipe promises to usher in a new era of disruption that makes online payments easier than ever before.”Netswipe is the first and only solution that enables online card-present-transactions: Checking out just like at the point of sale (POS).It said these attacks resulted in millions of dollars of ransom payments.The statistics from Australia's very own government cybercrime initiative are a lot lower.He told them to do their worst and release the footage. Exact statistics are difficult to come by, as many people who are attacked don't go to police or make their situation public.But then they replied with a screenshot of his Facebook friends, and personal details from his website. Security software companies, who may have an interest in exaggerating the threat, say they have detected vast numbers of attacks.During the winter season, the center offers an observation platform for visitors to observe manatees in the wild without disturbing them.

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