The former head of Google’s alternative payment method, Google Wallet, was recently found as a director at mobile payment solution startup PayRang.
GeekWire was the first to report on the former Google employee Osama Bedier’s new position after going over recent SEC filings for PayRang. Also in the filings it was seen that PayRange has reieved recent funding in the amount of $2.6 million.
Bedier was appointed Chief of Google Wallet in 2011 after being poached by the Big G from his position at PayPal. In 2013, after Google Wallet failed to break the market as intended, Bedier left. He still kept payment and Ecommerce oriented positions by serving as director at WePay and Qiwi, as well as being an investor in Coin.
How Entrepreneurs Fail at Blockchain StartupsGo to article >>
PayRang, Bedier’s new endeavor, was recently founded by Paresh Patel, and has devised a solution consisting of smart-dongles which connect to already in-place standard vending machines, enabling mobile payments for products through an app.