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.