Seems Google is getting ready to launch another of their G ideas. This time it is GPay - a mobile payment method that seems similar to that used in Europe and Asia already.
The patent outlines "a computer-implemented method of effectuating a payment, comprising: receiving at a computer server system a text message from a payor containing a payment request comprising a payment amount sent by a payor device operating independently of the computer server system; debiting a payor account for an amount corresponding to the amount of the payment request; and crediting a payee account that is independent of the computer server system," according to PC World.
Using a mobile device to make payments has been around Europe and Asia for some time. If the other people who started this have not filed a patent in the US it will be interesting to see if Google gets it by just being the first to register it here.
Philipp Lenssen does a great job with diagrams at BlogoScoped.
Marketers Rejoice! ClickZ has launched ClickZ Live, an educational series to bring you innovative online marketing strategies and techniques. Learn to construct and successfully execute multi-channel marketing campaigns, plus identify key metrics and translate them into actionable plans.
Thursday, July 18: ClickZ Live will be in Vancouver, BC. Register before July 1 to save $100!
