Google in-app payments launching in May 2011

I received this newsletter from Social Gold, virtual currency platform acquired by Google half a year ago. Today we know why. They were tasked to develop so much requested in-app payments system. The message also revealed launch date of May 2011. Although I'm not sure if it's for both Android Market and Chrome Web Store.

Thank you for your use of the Jambool Social Gold platform. As you know, Jambool was acquired by Google last August. This acquisition meant that some changes to our business were inevitable, and we'd like to share them with you today.

First, the existing Jambool Social Gold product will be discontinued in favor of a new Google in-app payment product in May 2011. Rest assured that you will be able to sign in to the Jambool merchant console through September 2011, and you will receive year-end financial statements in February 2012.

Second, we'd like to invite you to participate in the pre-release beta of the Google in-app payment system at http://google.com/checkout/inapp

Posted via email from Juraj Chrappa startin-up