Startups like Bump Technologies, which recently got some funding, and My Name is E are trying to kill the paper business card, but even in 2009, many of us, including myself, still use business cards. The biggest hassle with business cards is getting the contact information into your address book as fast as possible — that’s where Business Card Reader [iTunes link] for the iPhone comes in.

Business Card Reader scans and “reads” the picture using ABBYY’s text recognition technology and enters the data into the iPhone or iPod touch address book. Basically, you open the application, and choose either to take a new picture of a business card, or if you’ve already taken a picture, you can upload that as well. After you take a picture, or upload a picture, the application scans the business card, and after about 15 seconds, you get the address book field to edit the scanned information if there are errors. Once that’s all done, it adds the new contact into your address book. It’s really that easy.

After playing around with the application for a few days and testing out different types of business cards, the accuracy, in my opinion, is about 85%. The only errors I got where if the companies name was in a logo format, and their logo had a weird font, but other then that, the app worked pretty well. If your a mobile networker, this is an app you’ll definitely like.

Business Card Reader is $5.99 from the App Store, where you can buy it today.

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