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mattmanser
on May 11, 2011
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In Fifty Days, Payments Innovation Will Stop In Si...
What, that Google doesn't have money to put up bonds or buy the necessary expertise? I don't get your point.
More likely it's Yet Another Google Product They Can't Be Bothered To Finish (TM).
18pfsmt
on May 11, 2011
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It's not about having enough money, but whether it is financially worth it. It's an ROI calculation that involves navigating several regulating bodies with what appears to be minimal payback. It certainly isn't a technical limitation.
tptacek
on May 11, 2011
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If money transfer isn't lucrative, it seems weird to blame regulations for the fact that Google isn't staying involved with it.
Consider applying for YC's Spring batch! Applications are open till Feb 11.
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More likely it's Yet Another Google Product They Can't Be Bothered To Finish (TM).