MacNN | Hands-on: Flint's mobile payment app
Mac News Network View: Standard | Headlines | Categorized | Slim
Mac News Network
Mac News iPod News Reviews Forums
 

Desktop Headlines
Hands-on: Flint's mobile payment app
Saturday, February 2, 2013 @ 10:12pm

Flint is taking on the bigger players in the mobile payment market, pushing out a product for credit card payments that doesn't rely on a card reader like Square or other competitors. Instead, the app uses image recognition algorithms to read the numbers off of a card's face and process a transaction that way.



"It doesn't take a picture of the card," Flint CEO Greg Goldfarb tells me, anticipating my question. "It just reads the numbers, and we do that to protect consumer privacy." The system Flint's developed seems nifty and well-realized, especially for a first-time app developer. Flint allows users to link an account to their business' Facebook page. Customers will then have the option to share testimonials directly to a business' page, as well as to their own wall. Aside from the app (currently iOS-exclusive), Flint also maintains a web portal, allowing users to run analytics on their sales and to target customers for additional communications. It will be interesting to see how the app fares against the competition. The number recognition feature works quickly, but it still seems maybe a step slower than simply swiping a card. The tradeoff, though, is that a retailer doesn't have to pay for a card reader dongle and can start accepting payments very quickly after downloading the free app. "We've had people going from downloading the app from the App Store to processing their first transaction, literally, in two or five minutes."

Comments on this Article
Print Friendly Version
Email to a Friend
Add MacNN to Your RSS Feeds
Buy from the Apple Store


Related Stories:

Today's MacNN Stories:

  • Google posts response to leaked Sony 'Project Goliath' emails - 4:41 AM EST
  • Hottest Apple products see improved supply for final Xmas push - 4:13 AM EST
  • Misfortune Cookie exploit endangers 12 million routers - 3:06 AM EST
  • Hands On: Snapselect photo management app (OS X) - 2:03 AM EST
  • Analysis: Title II regulation, with forbearance, the best path forward - 12:18 AM EST

    Today's iPodNN Stories:
  • Plaintiffs in Google antitrust lawsuit required to submit more details - 11:13 PM EST
  • Interview fallout continues: actors complain, Team America taken down - 7:35 PM EST
  • Intel processors rumored to appear in two Lenovo smartphone launches - 3:20 PM EST
  • ICANN servers accessed following 'spear phishing' attack - 7:09 AM EST
  • Briefly: Colbert Report in Street View, Netflix on Dish Hopper DVR - 6:16 AM EST
  • No comments posted on this story yet. Please post yours.
    Your Comments
    In order to post comments, you must be a registered member of the MacNN Forums and logged in. Please login with your MacNN Forums username and password.

    MacNN Forums Login:

    MacNN Forums Password:

    Not a member of the MacNN forums? Register now for free.