Intuit Acquires Mobile Payments Company AisleBuyer
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry
Intuit has acquired mobile payments company AisleBuyer for around $80-$100 million. AisleBuyer has raised $11.5 million in funding over several rounds. AisleBuyer started in 2009 and their service is to provide a checkout solution that improves the in-store experience by eliminating the need to have a line.
When a shopper scans a product barcode, they would be able to read the details and customer reviews about that product, then make a purchase on the spot in the store or by opting for home delivery.