GPAY Patent Fuels Speculation Over New Google Phone Mobile Service
- ‘GPAY’ Serial No.: 364571
- Filed: February 28, 2006
- Publication Number: 20070203836
Back in February there was a patent application filed by Google and it has just been published. The application is for a SMS Payment System on a mobile platform. Speculation today is that a “GPAY” SMS mobile payments service might be included with a new ‘Gphone’ product which is rumored to be in shopper’s hands by Christmas.
I’ve included here some images from the patent application.
This image shows that in addition to using GPAY at retail merchants, its also a secure method to purchase from vending machines and validating large payment amounts.
Just like the Google Checkout system online, the application discusses offering convenient ‘mobile’ transaction reporting,
“Tracking and reporting of transactions may also occur, so that users can more easily summarize activity in their financial accounts without extensive manual bookkeeping operations.”
If Google is rolling out a new mobile phone product soon, it makes good sense to have a ‘killer app’ to accompany the product. That is how Patrick Altoft feels over at the The SEOptimise blog, which was the first yesterday to report on the new patent. Many thanks for that good news.
The patent also addresses smaller ‘micro’ payments without the big fees associates with using a credit card,
“Users may make micropayments without the overhead of other payment systems.”
Obopay is also making a play to conquer mobile online payments, without the big fees. Their new widget allows cell phones to make payments directly to any web page.
Tags: amazon.com, e-gold, eWallet, Google Checkout, google-pay, gpay, Mobile Payments, obopay, Online Payments, PayPal, smsRelated Stories
POSTED IN: Boosting Online Sales, Emerging $ Tech, Google Checkout, Mobile Payments, Online Payments
7 opinions for GPAY Patent Fuels Speculation Over New Google Phone Mobile Service
Miki
Sep 3, 2007 at 11:13 am
I’m not into gadgets, etc., but if it’s true the showdown between Apple and Google should make for great dramedy:)
Mary Emma Allen
Sep 3, 2007 at 12:10 pm
Very interesting product. It’s amazing where technology is taking us.
Mark
Sep 3, 2007 at 12:46 pm
Thanks for your comments, its very exciting to see Google getting in this ring! More competition for those online shopping dollars.
Mark
Xerxes
Sep 3, 2007 at 4:55 pm
This system is already implemented in Japan… its amasing how far behind we are. The iphone is nothing compaired to japanese phones
Linker Barn: Tuesday, September 4
Sep 3, 2007 at 9:27 pm
[…] GPAY patent fuels G-phone buzz. […]
Mark
Sep 12, 2007 at 5:40 am
Xerxes, Thanks for your comment. Yes, the Asian market is much more advanced with this method of payment and mobile banking. Its about time America and Central America catch up. Africa is also getting on the mobile bus now.
Mark
Jerome
Sep 18, 2007 at 5:03 pm
I think the GPay system is more likely to be used in the near future to facilitate people buying directly from the Google Product Search For Mobile service, as that one is already out in beta as per AccuraCast’s news: http://www.accuracast.com/search-daily-news/mobile-7471/introducing-google-product-search-for-mobile/
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