CardSpring, an ambitious payments startup founded by former Netscape engineers, is building a platform that connects web and mobile applications to payment cards. It's a card-linked payment infrastructure that can work across any bank or card type (Visa, MasterCard, Discover, AmEx, etc.), because it sits in the cloud, and is attached to the payments network directly. This enables developers to build card-linked applications that trigger when a consumer pays by credit or debit card, whether it's an app delivering coupons, offers, loyalty points, frequent flier miles, recommendations, or more.
Twitter today announced it has acquired payments infrastructure company CardSpring. Financial details of the deal were not disclosed. Currently there is no indication Twitter will be shutting down operations before folding them in. ... Read Post
Twitter just announced it’s acquired CardSpring, an application platform that lets developers to write applications for credit cards and other types of payments, enabling electronic coupons, loyalty cards, virtual currencies. Twitte... Read Post