Google Buys Mobile Payments Startup

Google has given its payments system a boost with the acquisition of a startup that will let vendors take payments at the wave of a hand. The search giant has purchased a Zetawire, a little known Toronto-based startup that processes mobile credit card payments collected through a technology called near field communications (NFC), according to a report.

The 451 Group, a tech analysis firm, recently revealed that Google completed the acquisition of Zetawire back in August.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Spring Special

Save 30% Off an ADWEEK Subscription Today!

View Your Options

Already a member? Sign in