Gpay- Google's mobile payment service

Ever wondered that such a thing described above would happen.Google says 'yes'






Google had published it's patent named as GPAY.The abstract of the patent says about the following steps as the basic ones:

1.A payer sends a request to a server requesting a certain amount of payment.
2.The system parses to find the account and the amount to be debited.
3.Crediting the payee's account with the amount.



Payment through mobiles is not new.Paybox had a mobile payment service running for 3 years. Paypal launched it's own mobile payment service in march 2007.and so on.

But the thing that is believed to give GPay an edge over the other competitors is it's said to be integration with GPhone.

Let's see how things turn out.Anyway the future holds a strong indication that we need not carry cash as we do now.