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PhotoPay Makes Real-Time Paper Bill Payment Mobile

This post is a part of our live coverage of FinovateEurope 2013.
Next to take the stage is Croatia-based PhotoPay:

Thumbnail image for PhotoPay_logo.jpg
“PhotoPay and PDFpay are greatly improving 
the paper and electronic bill payment experience on mobile devices. PhotoPay uses a phone camera to extract payment data from paper bills and payment slips.   PDFpay is used to extract payment data from bills and offers received electronically (in PDF, HTML, or other electronic format), allowing very simple payment without manual data entry.
Our unique smartphone technology recognizes payment slips in real-time and intelligently extracts payment data in a few seconds from paper or electronic bills. And users love it – it is much simpler and up to 10 times faster than typing payment data.”
Product Launched: February 2012
HQ Location: Zagreb, Croatia
Company Founded: June 2011
Metrics: Our first bank customer has seen a 2,000% increase in mobile bill payments after implementation
Twitter: @photopay
Presenting Damir Sabol (Founder and CEO) and Jurica Cerovec (CTO)