Google Pledges $1 Million To Special Ed Via Android Pay - InformationWeek

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Google Pledges $1 Million To Special Ed Via Android Pay
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PedroGonzales
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PedroGonzales,
User Rank: Ninja
11/25/2015 | 1:18:30 PM
all vulnerable groups need ITs help
I was reading an article as well that given the right tools, people with disabilities can flourish and contribute to our society.  I hope more companies support such efforts. I would like to know what Google and other IT companies are doing to hire people with disabilities. We talk a lot about minority and women.  But, people with disabilities are a group that demands our attention as well.
jastroff
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jastroff,
User Rank: Ninja
11/25/2015 | 3:48:50 PM
Google Wimps Out
so tacky on Google's part -- wedging their pay service onto the backs of consumers for a "good cause"? Oh, they should just donate the money, and maybe sweeten the pot with Android Pay later

 

>> The tech giant has pledged to donate $1 towards special needs education projects for every transaction completed on Android Pay. It plans to donate up to $1 million over the holidays.
Ariella
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Ariella,
User Rank: Author
11/25/2015 | 4:17:04 PM
Re: Google Wimps Out
@jastroff a lot of brands do that -- associate their names with a cause and try to make you feel virtuous about buying their products because a very small part of the proceeds with go to a charity. It's very common, particularly at this time of year. 
jastroff
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jastroff,
User Rank: Ninja
11/25/2015 | 5:16:44 PM
Re: Google Wimps Out
So the "new economy" companies are pretty much like the "old economy" companies
Ariella
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Ariella,
User Rank: Author
11/25/2015 | 5:43:53 PM
Re: Google Wimps Out
@jastroff you know what they say, the more things change, the more things stay the same.
Angelfuego
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Angelfuego,
User Rank: Ninja
11/27/2015 | 7:58:33 AM
Re: Google Wimps Out
I like the cause. Every little bit helps, even if it is a ploy to get people to use Android Pay.
Angelfuego
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Angelfuego,
User Rank: Ninja
11/27/2015 | 8:01:59 AM
Re: Google Wimps Out
@jastroff, I don't think it can hurt if people would rather donate on their own without purchasing something through Android Pay. The question is, would those customers have voluntarily and independently taken the time to donate to a cause or that specific cause?
jastroff
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jastroff,
User Rank: Ninja
11/27/2015 | 1:24:09 PM
Re: Google Wimps Out
At the end of 2014, the free chash flow for Google was reported as $11.42 B

Free cash flow is the money a company can spend free and clear of any payments, for investments, donations, etc.

Just sayin, that's a lot of cash
Brian.Dean
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Brian.Dean,
User Rank: Ninja
11/29/2015 | 12:09:07 AM
Re: Google Wimps Out
It is a good cause and at least it is the start of allocating some resources towards individuals that have special requirements.

On average the interchange rate in the US is 1.79 percent. The interchange rate is divided up among many players for instance, the card issuing bank and Visa/MasterCard association. If these players decided to similarly donate $1 on every transaction then, a transaction below $56 would require funds from elsewhere to complete the $1.

The global economy is rapidly evolving and there seems to be a greater number of smartphones in the world than bank accounts. I feel this is the reason that is causing technology firms such as, Google, Apple and Facebook (Facebook Messenger Payments) to seek out collaborative banking partners and collaborative consumers to adopt a newer system.


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