Recap - Google I/O Developers Conference

Google last week made two payment-related announcements at the Google I/O Developers Conference about Google Wallet.

• Google Wallet for Digital Goods. Google has renamed the In-App Payments API to 'Google Wallet for Digital Goods' and added support for recurring subscriptions and small ticket price optimization; merchants will pay the lesser of 5% or 1.9% + $0.30 depending on ticket size. Details are on the Google Commerce blog.

• Save-to-Wallet. Google announced the Save-to-Wallet API with two variations: one to save merchant offers to the wallet and one to save payment cards to the wallet. Google says, "The Save-To-Wallet API is part of the vision for Google Wallet to be the one-stop-shop for holding everything you'd carry in a regular wallet." Specifics on the Save-To-Wallet Offer API are available now. No details were provided on the Save-To-Wallet Payment Cards API.

The Save-to-Wallet APIs are announced in a session called "Introducing Google Wallet Cloud APIs". See this video to see what was said and demonstrated.