Thursday, March 31, 2011

Google Payment VP/Former PayPal Exec Osama Bedier On eCommerce: Major Change Is Coming

My old friend Osama Bedier now works for Google. This is especially interesting after reports that Google has partnered up with MasterCard and CitiGroup to test out an NFC payments system. It's also pretty interesting in light of the fact that Google recently filed for a patent for a "Distributed Electronic Commerce System With Centralized Point Of Purchase," or what sounds like a mobile shopping cart that wraps ups all elements of a transaction into a process, goes beyond PayPal and actually collects data about what users are buying.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/xbc7zCbaX2k/

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