Google Files GPay Patent - Mobile Payment Method

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.

About the author

Frank Watson has been involved with the Web since it started. For the past five years, he headed SEM for FXCM -- at one time one of the top 25 spenders with AdWords. He has worked with most of the major analytics companies and pioneered the ability to tie online marketing with offline conversion.

He has now started his own marketing agency, Kangamurra Media. This new venture will keep him busy when he is not editing the Search Engine Watch forums, blogging at a number of authoritative sites, and developing some interesting online community sites.

He was one of the first 100 AdWords Professionals, a Yahoo and Overture Ambassador, and a member or mod of many of the industry forums. He is also on the Click Quality Council and has worked hard to diminish click fraud.