Today Google purchased TxVia in an effort to build up their new Wallet service. The New York based company specializes in electronic payment technologies including prepaid cards and gift cards. In the past, both have been somewhat of a thorn in Google Wallet's side. Osama Bedier, Vice President of Wallet and Payment Services for Google, stated that their company has "worked closely with TxVia over the past year", but no other details of the acquisition were disclosed. Although Google's Wallet service hasn't had the easiest launch, it's apparent that the company is actively trying to improve their platform. Now if they could just convince more carriers to support their service.
Source: Phone Arena