Optical-Based, NFC-Like Proximity Payments

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Optical-Based, NFC-Like Proximity Payments

MetaSepia has created technology that facilitates secure information exchange between smartphones. The start-up’s Screen Beam software combines the benefits of secure NFC bidirectional file sharing with the ubiquity of QR codes that leverage optical scanning. Screen Beam pairs the display screens and cameras of two mobile devices. Light-emissive visual codes on one phone scan the other phone. Those visual codes are dynamic. Data transfer is executed when they flash and shimmer in full color at high speed (60 to 100 frames per second). Screen Beam’s optical exchange is highly directional. I...

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Nilson Report

1163

October 2019

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Payment Cards in the U.S.

Investments & Acquisitions—September 2019

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