The company will increase the amount of eligible products for subscriptions and add additional discounts.
Sources say that the company has lost roughly $340 million, $20 million was from the Starbucks deal.
Customers can now place an order for any one of the 5,000 Domino’s Pizza restaurants in the United States with Google Wallet.
The market will aim at investors and growing interest, along with handling bulk orders.
The report revealed an increase in mobile payments, but it was small in comparison to recent trends.
According to the study, many do not trust the digital currency for online payments.
The funding will be used to develop Ineda’s semiconductors for the wearable device market.
The new funding increases the value of the company to $485 million.
The Starmount Engage and Connect solutions for mobile devices was releases in 60 Perry Ellis stores. The program contributed by increasing the average transaction amounts for sales conducted with mobile devices.