PayPal is anticipated to take legal action against the Internet giant Google and according to this; it claims that Google has stolen their revolutionary technology for spinning the Android smart phones into digital wallets. The claim further states that Osama Bedier, who was a former PayPal executive, acquired all the trade secrets for Google as now he is working as vice president of Google for payments.
The charge derived hours after Google revealed its plans to enable populaces to pay for their shopping via their mobile phones.
Google states that as yet there has been no complaints. Google’s Spokesperson stated that we have not received a copy of complaint and until we have not reviewed it, we will not be able to comment on it. Google is planning to release its mobile wallet technology in summers in the USA.
It is intending to offer the service on the smart phones that would be supported by its Android operating system.
PayPal – A complete payment processor is basically owned by eBay which is an online auction site and it also claimed in its complaint that Mr Bedier has been into an employment discussion with Google at the same time when he was actually leading sessions to make PayPal as one of the payment options on the Android OS.
The technology that enables the mobile phone consumers to pay off via their phones in shops is named as NFC or near field communications. This technology is already being utilized in Japan and is considered to become popular and commonly used everywhere around the globe.
PayPal has stated that it spent around three years to come up with a secure and reliable deal under that it would be making an NFC system for the Android Operating system particularly for smart phones and gadgets, just for Google to end the arguments.
It its court filing, PayPal said that by hiring Mr Bedier, with all his trade secrets and PayPal plans along with understanding the weaknesses of Google as viewed by the industry leader, Google opted for one of the most sophisticated and comprehensive assessment of its own problems that is presently available.
Google of its entire mobile payment business put Bedier in charge, which was useful in virtually guaranteeing that he is going to embezzle PayPal’s trade secrets especially would regarding planning and competitive assessments in the mobile payment technology. Google appointed Bedier in January of this year.