Google Wallet is one of the rivaling platforms for mobile payments, which not only allows online payments, like PayPal, but also transactions performed using one's smartphone. Formerly compatible with only MasterCard, Google Wallet has been updated to use all credit and debit cards.
Moving forward at Google
Apple, Google and Microsoft appear to be battling for the possibility to rule the planet with their electronics. That is why they are expected to fight a lot over offering the product that gets rid of plastic cards and cash forever in place of a smartphone. There are people waiting for that day to take place.
Google Wallet is one of the businesses that have mobile payment systems that work well right now. It used to only offer the choice to CitiBank debit and MasterCards, according to ArsTechnica, but is has changed its system to work with anything. The mobile payment reader just reads the data on a smartphone and connects it to a bank or credit account. Then, the right amount is used out. It is a really easy system, and there are only a few out that work right now.
New system
Google Wallet, according to TechCrunch will now works with each and every charge card and each and every debit card there is, so long as it is a Visa, MasterCard, American Express or Discover debit card. However, that consists of just about every debit card in existence.
The primary focus of this change is for mobile Google Wallet users, who at the moment are few. Google Wallet is only supported on 8 devices, almost all of which are the Samsung Nexus line. In fact, according to Google's list of supported devices, half are Samsung. The remaining four are the LG Viper, LG Optimus Elite, the HTC EVO 4G LTE and the Asus Nexus 7 tablet. Of those devices, five are only accessible through Sprint. The LG Optimus Elite is accessible through Sprint and Virgin Mobile.
New security features too
What is changed is that the account information is stored on Google's secured servers, rather than the secure memory in a smartphone. One merely needs enter their account information for their card or cards, and they are good to go. This makes the sensitive info connected with the account less susceptible to hacking. Brand new security benefits also allow customers to entirely wipe their financial data from the system and their account if they desire.
There are not enough retailers who have terminals that work with the mobile payment products though, which makes it hard to actually use Google Wallet. Even if you have a phone that can use Google Wallet, you might have a hard time processing the payment when the retailers do not have the equipment.
Moving forward at Google
Apple, Google and Microsoft appear to be battling for the possibility to rule the planet with their electronics. That is why they are expected to fight a lot over offering the product that gets rid of plastic cards and cash forever in place of a smartphone. There are people waiting for that day to take place.
Google Wallet is one of the businesses that have mobile payment systems that work well right now. It used to only offer the choice to CitiBank debit and MasterCards, according to ArsTechnica, but is has changed its system to work with anything. The mobile payment reader just reads the data on a smartphone and connects it to a bank or credit account. Then, the right amount is used out. It is a really easy system, and there are only a few out that work right now.
New system
Google Wallet, according to TechCrunch will now works with each and every charge card and each and every debit card there is, so long as it is a Visa, MasterCard, American Express or Discover debit card. However, that consists of just about every debit card in existence.
The primary focus of this change is for mobile Google Wallet users, who at the moment are few. Google Wallet is only supported on 8 devices, almost all of which are the Samsung Nexus line. In fact, according to Google's list of supported devices, half are Samsung. The remaining four are the LG Viper, LG Optimus Elite, the HTC EVO 4G LTE and the Asus Nexus 7 tablet. Of those devices, five are only accessible through Sprint. The LG Optimus Elite is accessible through Sprint and Virgin Mobile.
New security features too
What is changed is that the account information is stored on Google's secured servers, rather than the secure memory in a smartphone. One merely needs enter their account information for their card or cards, and they are good to go. This makes the sensitive info connected with the account less susceptible to hacking. Brand new security benefits also allow customers to entirely wipe their financial data from the system and their account if they desire.
There are not enough retailers who have terminals that work with the mobile payment products though, which makes it hard to actually use Google Wallet. Even if you have a phone that can use Google Wallet, you might have a hard time processing the payment when the retailers do not have the equipment.
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