Local deals company registers three domain names for retailer payment systems.
Groupon registered the domain names GrouponPayments.com, GrouponPOS.com, and GrouponTerminal.com on May 22.
Now we know why.
VentureBeat reports that the company is testing a payments solution to competed with Square and PayPal. Apparently the company is offering an iPod Touch with the card reader to merchants free of charge, and the service is priced very competitively compared to competitors.
The author of the VentureBeat article says an email from Groupon hints at a forthcoming point of sale system for iPod and iPad. Given the domain names the company registered, this appears to be on the product roadmap.
Here’s the whois record for GrouponPOS.com. The other domains have similar records.
Louise says
Thanx! I and a couple future trend domainers watching the mobile payment space with interest at EmergingDomains . . . It makes all the sense in the world to integrate coupons with mobile payment, so that saving $$ at POS is seamless. Seamless Coupons, great name!
Jason says
How original…LOL.
Epic Fail
S.W. says
Having frequented the message boards for GRPN, that same domain name phrase has often been used to describe the stock’s performance by the followers. Either way, it’s quite the strategic pickup.
Jason says
SW,
You are spot-on especially if you are visiting the GRPN board on Yahoo, endless amount of bashers.
However due to Groupon’s global user base, I’m sure they have endless metrics on their user base and payment options they prefer to use.
PayPal is most likely their most popular choice and it only makes sense for their to capture that 3% change instead of PayPal.
When you have 100 million users and assuming 50% of their users are active…This is a boatload of pure-profit percentage of sales being left on the table for the taking.
It makes business sense.
Sid says
Groupon bought HyperPublic.com a couple months ago – very smart aquisition (this was a development company, not just a domain).