Google May Introduce Bitcoin on New Payment System
Google and Square announced Thursday that they were working on new payment systems that would be able to accept Bitcoin. The move is expected to heat things up in the payments market in general, and with Apple Pay, in particular. Google is currently testing the new payment processing method that will be known as Plaso while Square is working on the hardware terminals. The Square terminal is in the shape of a tablet that will run the Android system. Currently, Square has a piece of hardware known as the Square Reader that can plug into an iPad. The Square Reader can scan credit cards, and....
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In February, Bitcoin Magazine reported Google's preliminary announcement of Android Pay. Now, at the annual Google I/O event on May 28 and 29, Google officially announced its upcoming payment platform and revealed more details. Android Pay isn't a separate payment app, but an open platform that enables developers to integrate mobile payments into their apps. In fact, Android Pay is built right into the core Android operating system. It will be available for download from Google Play soon, and included in the next version of the Android OS - dubbed Android M - expected to be released this....
There is a lot of excitement in the world of payments these days, especially now that so many companies are focusing their attention on the mobile space. With so many consumers owning a mobile device that has Internet connection capabilities, contactless payments are evolving to this new medium. Android Pay is Google’s answer to mobile payments, and users can now get a free Chromecast when using the option. Bitcoin, on the other hand, offers proper incentives and rewards that are not tangible. In the mobile payment sector, a war is going on between manufacturers and operating system....
Commentary by Giulio Prisco. Google has announced an upcoming mobile payments framework called Android Pay, Forbes reports. Android Pay will not be a separate payment app, but a platform that enables developers to integrate mobile payments into their apps using an API layer. Google's senior vice president of Android, Chrome and Google Apps Sundar Pichai announced the upcoming payment platform at the Mobile World Congress in Barcelona."We are doing it in a way so that anybody else can build a payments service on top of Android," he said at a press event. "In places like China and Africa, we....
Internet search giant Google has updated its search engine to automatically display bitcoin prices when users enter certain queries. The news comes roughly one month after Google Finance partnered with Coinbase to launch abitcoin price tracker that enabled BTC-to-fiat price conversions across a wide range of global currencies. A representative from Google confirmed the update to CoinDesk, noting that the tool works on Google Search's smartphone app as well. The spokesperson said: "You can also ask Google to do conversions - if you have the Google Search app on your smartphone, for example,....
Digital asset platform Bakkt has announced a partnership with Google “to introduce digital assets to millions of consumers.” With the partnership, Bakkt says consumers will benefit from the “expanded reach and access” to cryptocurrencies.
Google Collaborates With Bakkt to Expand Consumer Access to Cryptocurrencies
Intercontinental Exchange’s digital asset platform, Bakkt, announced Friday that it has partnered with Google “to introduce digital assets to millions of consumers.” By forming a partnership with Google, Bakkt said:
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