2016: What’s around the corner for digital payments? Apple Pay, Bitcoin, Pingit and more

  Apple Pay, one of the latest forms of digital payment via your mobile, is slowly gaining acceptance Mobile payments, biometrics and crypto currencies. These were just some of the emerging trends discussed at the recent Westminster eForum Keynote Seminar at London's Royal Society. Tech Digest’s Chris Price reports The way…

Google gets into mobile payments with Gpay patent

gpay2.jpgY’know what the smart thing about Google’s corporate policy of allowing employees to work on their own projects? Any time information leaks out about something top-secret, the company can say ‘well, people work on lots of personal projects…’ and sidestep the speculation.

That’s what appears to be happening following reports of a patent filed by Google for Gpay, a potential text-message based payments system. In part, it’s the age-old ‘buy a can of coke from a vending machine using your phone’ idea, with added person-to-person payments to tip the greengrocer. I’m loving the accompanying illustrations on that score.