Considering Google already accepts the major card providers and some carrier billing, the new payments platform could come in the form of a “Google Wallet balance”. This would allow the platform to function in a similar fashion to PayPal.
The hint was dropped as part of a larger letter informing app developers of a change in payment collection.
As the demand for immediate payments implementation grows in the United States, Iliad Solutions have identified one of the largest risks to face the payments industry over the next few years.
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.