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Google Acquires TxVia to Expand Wallet Initiative

Google logo 140pxIn a post on its Google Commerce blog, Google announced that it has acquired TxVia, a prepaid processing platforms with a platform-as-a-service (PaaS) delivery model.

TxVia has also certified and directly connected to the major payment networks, which establishes a solid foundation for Google Wallet and our partners to drive innovation on a global scale and in a partner friendly way.

AllThingsD has a nice overview.

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