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I figured this was going to happen when they announced Wallet, :/. https://news.ycombinator.com/item?id=5714531 https://news.ycombinator.com/item?id=5714531
by codereflection 13y ago
I figured this was going to happen when they announced Wallet, :/. https://news.ycombinator.com/item?id=5714531 https://news.ycombinator.com/item?id=5714531
- shubb 13y agoGood spot
- contingencies 13y agoThis is the real story. They're not shutting down at all, they're pivoting their focus within payments to mobile/physical presence. Getting rid of 'card not present' situations means cheaper and more reliable processing, and the physical focus that goes with mobile payments gives additional reasons for Android users to leave their credit card details with Google. Google's fastest growth right now must be in Android-driven Google account signups. I can see why they're focusing on that area, rather than some old, first financial world only, pre-monopolized, credit card not present delayed payments reverse charges web based fraud rule quagmire.