Google gears up in Mobile Payments

This article was updated on July 16th, 2013 at 06:06 am

In a step that looks like a signal to a major technological advancement in mobile payments technology, Google acquires another major payment technology company TxVia.

TxVia is a technology pioneer that offers a fast, flexible and highly reliable payments platform. Their technology, at some point will be integrated with Google Wallet, I assume.

Since 2008, TxVia has supported the management of more than 100 million accounts with Google Wallet already. They’ve partnered with the industry’s best known brands, and their leadership team has played an instrumental role in defining the fast-growing prepaid card segment of emerging payments. In this time, TxVia has also certified and directly connected to the major payment networks, which establishes a solid foundation for Google Wallet and its partners to drive innovation on a global scale and in a partner friendly way.

Way to go Google!