Flint has officially entered the mobile payment world. Flint, like Square and PayPal, is targeting merchants that have been considered, “too small to accept card payments, because they do not have a high enough volume of transactions.” Flint methods are slightly different from Square and other mobile payment platforms. Instead of swiping a card and using NFC technology, Flint “uses the camera on a phone to “scan” a card’s numbers.” This enables Flint to take the NFC compatibility issues out of the equation because they are not relying solely on the hardware.
“Flint’s mission is to empower everyday small business users who are out and about and who are underserved by other solutions,” said Greg Goldfarb, co-founder and CEO of Flint Mobile, said in a statement. “We’ve worked very closely with our beta users to develop a compelling app and are excited to make it available to a broader audience.”