According to a report by the Telegraph, the move means Google could avoid making more alterations to its search results to disadvantage illegal sites, the report said.
Google has in the past urged authorities to 'follow the money' when it comes to stamping out piracy sites, the BBC reports.
The report said that the US-based firm did not comment directly on reports it was having discussions with payment companies, but it stressed it had stepped up its efforts on piracy in the past year
In a report published last year, Google, in partnership with PRS for Music, outlined ways to choke businesses making money from illegal activity
The report analysed various funding models in use by sites offering music downloads, movie streaming and other unlicensed content. (ANI