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Google closes down another m-payments product

Wednesday 18 February 2015 11:21 CET | News

Google has just shut down another mobile payments product.

The service dubbed BebaPay was a payment card that was launched by Google and financial institution Equity Bank in Kenya back in 2013. The card, which enabled users to pay for bus fare via NFC, will be discontinued from March 2015. Google withdraw BebaPay from the Philippines market around 10 months ago as well. Google had more than 100,000 active BebaPay users. In Kenya, BebaPay customers have been advised to switch to Equity prepaid MasterCard at no additional cost.

Google also offered the BebaPay app which can turn any NFC enabled Android phone into a card reader. This enabled shops, traders and small businesses to use BebaPay to accept payments from customers without the need for cash registers.

Earlier, Google had revealed plans to discontinue the Wallet API support for digital goods by March 2015. Google claimed they would continue supporting the sales of apps on Google Play and other in-app stores, but that these purchases wouldn’t be possible through Google Wallet in 2015. Google had posted this on their wallet support page, but an official announcement has yet to be made.

Google has also begun testing a new service called ‘Plaso’ which would allow Android phone users to pay at retailers using a new retail point-of-sale software that integrates into retailers’ existing payment processing systems.


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Keywords: Google, Equity Bank, BebaPay, m-payments, mobile payments, mobile, payments , MasterCard, card, NFC, Philippines
Categories: Payments & Commerce
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Countries: World
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Payments & Commerce