Google will debut Web-based in-app payments in the Android market in May. The payment system will be enabled through Jambool, a company that Google acquired last August, that owns a payment service called ‘Social Gold.’
Jambool posted a blog explaining this. Here is an excerpt: “We are hard at work developing a web-based, in-app payments solution that combines the simplicity of the Jambool API with the power of the Google Checkout and Google accounts infrastructure. We’re very excited about the ease of use of the new system, with features such as one-click purchasing. While this work is underway, we made the difficult decision to close new signups to the Social Gold platform today and will discontinue all payment processing on May 31, 2011. Existing developers will be able to continue processing payments through Social Gold until the end of May and log in to the Social Gold merchant console through September.”
This new app does not include in-app payment for apps in the Android market, but this could be a first step in that direction.