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To Modernize The Checkbook, Zipmark Launches Developer Platform For Mobile Payments
Following its recent raise of $2 million in seed funding, the still invite-only mobile payments startup Zipmark is today announcing the launch of its developer program and API. The New York-based company, founded in 2010 by Citigroup alum Jay Bhattacharya and CTO Jake Howerton, leverages the existing check processing network to allow users to avoid credit card fees while also eliminating the risk of bounced checks. The way Zipmark works is this: Users connect their “real” checking account to the service, which they can then use to pay bills and...
Published By: Tech Crunch - Tuesday, 21 February