Google has pre-beta in-app payment program
The service is based on the Social Gold currency platform by Jambool. Jambool was acquired by Google in August. The company recently sent an e-mail to its current users saying that Social Gold will be discontinued in favor of the Google product in May.
According to the e-mail, the pre-beta allows users to accept in-app payments, but does not have the full functionality of the current platform.
The Federal Trade Commission has been looking closely at in-app payments lately, after The Washington Post reported that young children had been racking up high bills through payments made withing mobile applications.
| March 1, 2011; 8:30 AM ET
Categories: FTC, Google
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