To Modernize The Checkbook, Zipmark Launches Developer Platform For Mobile Payments
Summary
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 way Zipmark works is this: Users connect their “real” checking account to the service, which they can then use to pay bills and invoices or send money to friends. Merchants will also be able to offer Zipmark as a payment option by placing a QR code on their invoices, which customers can then scan and pay. With the new Zipmark Biller API, businesses and app developers will have access to a new payment system for both online and mobile transactions. In addition, Zipmark says it will also launch a consumer-facing iPhone app in time for SXSW, which will let users pay for items, fees and subscriptions directly from QR codes.