TxVia has been Acquired by Google

Faizan Ahmad
By -
Google buys TxVia
A well known payments technology company TxVia, working for last five years is now a part of Google Wallet. In the official note, the Chairman and CEO of TxVia states that,

 "We're delighted to announce that as of April 2, 2012, we are continuing that mission at Google." 

Osama Bedier, the Vices President of Wallets and Payments at Google says that Txvia has worked very hard in making their service better and their leadership has also played a very crucial role in defining and achieving the target. They have been into partnership with best known brands and certified and directly connected to the major payment networks.

This equitation will also work for Google as they will expand their Google Wallet service and make them stand and compete with other payment services like PayPal, AlertPay, Squre, etc. TxVia is managing more than 100 million users and therefore Google will definitely try to get benefited by this readymade audience.

Tags: