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Google Mobile-Payment Patent Raises Privacy Flags

bizwriter writes "Google has been interested in the mobile payment business, with rumored service tests coming soon. Now the rumors have some more tangible back-up in the form of a patent application that not only describes a versatile payment system, but one in which Google would obtain details of purchasing that are normally unavailable." Reader Batblue points out a related article about how the temptation of 'big data' is leading businesses to draw us closer to a surveillance society.

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  1. What? The author does not understand how it works. by Anon-Admin · · Score: 3, Interesting

    I hate to break it to everyone but the last time I ran an online store the Merchant Account processors required that I submit everything. The persons info, CC# ISV, list of items being purchased, etc. I was running a lab supply company and the Merchant Account processor would review my sales every month and cut off my ability to process CC's. Seems that Petri dishes, syringes, and beakers are considered "Drug Paraphernalia" and if they see them they cut you off. In a 1 year time I went through 4 Merchant providers and the only suggestion that was given was to shutdown the online site and publish catalogs and do mail order only as that processing does not require you to submit the items being purchased. Needless to say, I shutdown the company. I dont trust the CC processors (Merchant account processors) There needs to be something done about them.