Google is sunsetting its Checkout digital payment processing service in favor of its Google Wallet mobile commerce platform.
Rival food ordering platforms GrubHub and Seamless have signed a definitive agreement to merge their services. Financial terms were not disclosed.
Mobile payments company payvia announced today it acquired Mogreet, which provides mobile video and rich media messaging engagement solutions used by marketers, retailers and others including ABC, Bloomingdales, Cox Media Group, Emmis Communications, Fox Television, and Gamefly. As part of the transaction, Mogreet founder and CEO James Citron will become payvia's CMO.
Google continues ramping up its Google Wallet m-commerce network, introducing APIs for simplifying purchases within native Android applications and rolling out loyalty programs, additionally integrating payment capabilities into its Gmail platform.
PayPal announced Cash for Registers, a new program that offers free credit, debit card, check and PayPal processing to any U.S. merchant that swaps out its existing point-of-sale system in favor of the PayPal Here m-commerce system.
Square is now processing more than $15 billion in payments on an annualized basis, up from $10 billion six months ago. The figure excludes transactions completed by coffeehouse chain Starbucks, which began allowing consumers to pay for purchases via the Square Wallet application for iOS and Android late last year.
Amazon launched Coins, a new virtual currency designed to drive purchases from its Appstore for Android.
Google is halting plans to introduce a physical credit card connected to its Google Wallet mobile commerce network, All Things D reports.
Merchant Customer Exchange--the proposed nationwide mobile commerce network spearheaded by retailers including Walmart, Target, Best Buy and 7-Eleven--continues to build out its ranks, announcing Southwest Airlines, Brinker International (parent company of Chili's Grill & Bar and Maggiano's Little Italy), Pacific Convenience & Fuels and RaceTrac will support its forthcoming digital wallet.
Google Vice President of Wallet and Payments Osama Bedier has left the company.