Google planning mîcropayments system?


Rumours are spreading that Google might be introducing a new mîcropayments system to rival services such as PayPal. Google Wallet would probably be a natural extension of the existing payment infrastructure that has helped make the company the world leader. mîcropayment systems have been kicking about for a while but transferring really small amounts is still a bit of a niche area but Google certainly has the power to pull it off better than most. There has been no official line on these rumours yet so there’s no indication of how soon this system might be put in place.

via I4U

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