Printed from http://www.electronista.com

Google aims to patent payment by SMS

updated 02:05 pm EDT, Fri September 7, 2007

Google gpay, gbuy

An older patent filed by Google, now finally published, points towards the company's deeper involvement in the cellphone industry. Originally submitted in February of 2006, the patent documents concepts called "gpay" and "gbuy," which would allow phone owners to pay via SMS messaging. A given example has a customer at a farmer's market, sending a payment offer to a vendor; he specifies the vendor's ID, and the amount to be sent. To receive the payment, the vendor must be registered with an online service, where he can also confirm that the payment has been made.

NewsFactor writes that the service would allow other features as well, such as advanced financial management for vendors, including the ability to hold multiple accounts for different business purposes. Other options could involve escrow -- withholding payment until a service is delivered -- or ordering from vending machines, something already possible in east Asia.

Google has long been rumored to be working on its own cellphone, but to date the company has focused simply on integrating existing services, such as Google Maps. More recently, the company has been identified as wanting to build a Linux-based OS to compete with offerings from Nokia and Microsoft.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

Samsung Galaxy S6 Edge

The Samsung Galaxy S6 range is a critical component in Samsung's flagging smartphone strategy. With sales of its high-end smartphones ...

Notti smart lamp from Witti

Perhaps you've already seen our review of the Dotti LED display from Witti Design. Meet Notti, Dotti's "sibling". Notti is a softball ...

Seagate Personal Cloud (2-Bay)

When it comes to backing up files, many users are now looking to the myriad of cloud storage solutions available. There is no doubt th ...

Advertisement

toggle

Most Commented

 
toggle

Popular News