"Someday, "to gpay" might mean making a payment using a text message over a mobile device. That's the form of e-commerce for which Google has filed a patent, in which the terms "gpay" and "gbuy" are used.
The application is leading to renewed speculation that Google has its sights set on a more active role in the mobile-device marketplace.
First filed in February of 2006, patent application number 20070203836 was published late last week. "The payment process may occur through the simple composition by the payor of a text message," such as a short message service (SMS), the application stated, with payee identification and payment amount then sent to a payment processing system" for debiting, crediting, or transferring funds."
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