Google has acquired payments technology company TxVia to
complement its payments capabilities of Google Wallet.
TxVia offers a fast, flexible and highly reliable
payments platform, according to Google. Since 2008, TxVia
has supported the management of more than 100 million
accounts. TxVia has also certified and directly connected
to the major payment networks, which establishes a solid
foundation for Google Wallet expand on a global scale.
"Finding and purchasing products is a big part of
day-to-day life," Osama Bedier, vice president of Wallet
and Payments at Google said in a blog post. "At Google,
we?re working to create new ways to improve the commerce
experience. We've worked closely with TxVia over the last
year, and they're a forward-thinking team that will help
us take the next steps in realizing the future of
commerce. We welcome the TxVia team to Google," he added.
The Google Wallet mobile app is currently available for
payment in-store on mobile phones running on Sprint's
network. Other carriers like AT&T Mobile, T-Mobile USA,
and Verizon Wireless are currently focused on building
the Isis mobile platform through a joint venture.