PYMNTS.com – 3/26/13: Seven years into the retail payments game, search giant Google has struggled to find its footing in the retail payments game.  The news that broke about ten days ago, as its Commerce reorg sent a huge signal about its plans to address this – at least for now. That announcement split Commerce into a couple of pieces and moved Google Wallet under Advertising, and longtime Google executive, Susan Wojciciki. In my mind sent a very strong message about its plans for the near and maybe not so near future, which is to stop trying to be a retail payments player for bricks-and-mortar stores.
Click here to read more: http://www.pymnts.com/commentary/The-Incredible-Shrinking-Google-Wallet/

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Source: Paymentspulse