The Members Group of Des Moines, Iowa, said it will release a new payments app that runs on Google Glass.
The announcement was made July 15 at the TMG Executive Summit in Lake Tahoe, Calif.
Called See2Pay, the app will let a Google Glass wearer make small purchases at point of sale. Actual payment – involving making a few swipes on the eyeglass frames – would occur through See2Pay integration with TMG partner Dwolla, a payments innovation firm also based in Des Moines.
In an interview with CU Times, TMG senior product manager Brian Day said See2Pay will be made available to the developer community through a service called GitHub. This may result in extending use cases for See2Pay, and also may see the underlying software used in other kinds of wearables such as smart watches, he noted. Presently, TMG is not seeking to monetize See2Pay, Day added.
"For us, right now, this is all about learning more about wearables and also about crowdsourced development," he said.
Day said he's heard that Apple plans to introduce a smart watch and if that happens, it would help legitimize the wearables category.
He stressed that for credit unions exploring how to build their presence in Google Glass, TMG is eager to talk.
"We will find ways to work with credit unions on this," Day said.
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