VIDEO: Cimbal – A mobile payment technology startup uses QR codes

Image representing Cimbal as depicted in Crunc...
Image via CrunchBase

Cimbal, a technology startup is using QR codes to enable person-to-person payment transactions using a mobile phone.

In essence Cimbal is an electronic payment network using software-based contact-free communication technology to turn a smartphone into a payment tool in-store, online and person-to-person.

Watch their video to find out more.