Home Startup Clinkle Has A High Frequency Plan To Push Mobile Payments

Startup Clinkle Has A High Frequency Plan To Push Mobile Payments

Clinkle, an intriguing startup with roots at Stanford, thinks it has a new way replace cash, credit cards and checks, TechCrunch reports in a profile of the company.

The company’s app, which allows simple peer-to-peer electronic payments between just about anyone, apparently works by communicating with other mobile devices, PCs and smart cash registers via high-frequency sound emitted by smartphone speakers.

That approach is intended to let Clinkle make an end-run around established point-of-sale systems, which have presented an entrenched obstacle to competing mobile electronic-payment efforts. The startup just raised $25 million in a first round of venture funding.

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the tech industry for major developments, new product launches, AI breakthroughs, video game releases and other newsworthy events. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Get the biggest tech headlines of the day delivered to your inbox

    By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.

    Tech News

    Explore the latest in tech with our Tech News. We cut through the noise for concise, relevant updates, keeping you informed about the rapidly evolving tech landscape with curated content that separates signal from noise.

    In-Depth Tech Stories

    Explore tech impact in In-Depth Stories. Narrative data journalism offers comprehensive analyses, revealing stories behind data. Understand industry trends for a deeper perspective on tech's intricate relationships with society.

    Expert Reviews

    Empower decisions with Expert Reviews, merging industry expertise and insightful analysis. Delve into tech intricacies, get the best deals, and stay ahead with our trustworthy guide to navigating the ever-changing tech market.