PayPal Acquires card.io

Announced July 17, 2012

What happened

card.io made technology that let mobile apps scan credit cards using a phone's camera instead of manual entry.

PayPal's acquisition history

6th of 27 tracked deals

Disclosed prices

15 of 27 PayPal deals

PayPal's average disclosed price

$879.9M

PayPal's largest disclosed deal

Honey ($4B)

Tracked acquisitions in 2012

90 across all acquirers

PayPal in Mobile payment card scanning

1 acquisition

When did PayPal acquire card.io?

PayPal acquired card.io on July 17, 2012. This was PayPal's 6th publicly tracked acquisition out of 27 we have on record.

How much did PayPal pay for card.io?

The price PayPal paid for card.io was not publicly disclosed. Only 15 of PayPal's 27 tracked acquisitions have a disclosed price.

What does card.io do?

card.io made technology that let mobile apps scan credit cards using a phone's camera instead of manual entry.

What other Mobile payment card scanning companies has PayPal acquired?

card.io is PayPal's only publicly tracked acquisition in Mobile payment card scanning so far.