iMobile3 Lights Up An mPayments iBeacon

iMobile3 has launched an iBeacon-based mobile payments solution that negates the need to swipe a credit or debit card at checkout.

Using a data tokenization system, PassMarket allows participating sellers to process mobile payments without actually having to swipe or scan something, Apple Insider reported n Jan. 13.

The system leverages iBeacons positioned in the store to communicate with a customer’s mobile device and connect it with a store account. The customer’s tokenized data is used to processed the payment rather than a credit or debit card.

To learn more about how iMobile3’s PassMarket system works, read the full story by clicking here.

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