Cimbal is, put simply, a mobile payment platform. “Cimbal turns a smartphone into a virtual merchant point-of-sale or online shopping cart,” its website explains. CEO Chris Boone describes the product ...

Cimbal Inc. is bypassing any future business models centered on Near Field Communication payments with a mobile-phone application that mimics NFC functionality but without the use of an embedded chip ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Cimbal enables secure payment using a smartphone instead of a plastic ...