The future of mobile credit card readers and NFC embedded phones is just around the corner, but in the mean time retailers can make use of their phones to perform picture perfect transactions. A new credit card iPhone app from AisleBuyer allows merchants the ability to process a payment simply by snapping a picture of the front of a credit card. This photo card capture technology uses proprietary optical character recognition (OCR) to discern the card number from the other information and background of the card.
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