Technology Report - Google Wallet
Technology Report – Google Wallet
Google Wallet is a mobile app that securely stores your credit cards and others such as coupons, discounts and promotions on your phone. With this application on your phone, you can check out at any store and even online that accept Google Wallet. You can thus pay and redeem offers fast, quickly and conveniently just by tapping your phone at the point of sale. The main purpose of this that Google Wallet is trying to conduct is to eliminate wallet entirely. There will be no more fishing cards out of wallets, no paper slips, and no signature required. Everything will be handled securely, instantly, and conveniently with just one tap of your phone at the register. How does it work? Google Wallet utilizes an application called NFC (near field communication). When you sign up for Google Wallet, you will be entering your credit or debit card information to your mobile device through Google Wallet application. You can then send or receive payment to any company or anyone that also have Google Wallet equipped. Google Wallet was found in America by the Engineer Founders Rob Von Behrens and Jonathan Wall. Different from other company, Google won’t charge users or merchants for access to wallet. So it will be completely free of charge to use.
Google Wallet is a publicly traded with its partners are Citi as the issuing bank and Master Card as the initial payment network. However, Google Wallet have only emerge Sprint as its first and only mobile carrier. Merchants with Google Wallet access though Google Wallet is only offered in New York City and San Francisco at this time but it is growing in merchants and will expand to other cities in the very near future. Just like any other products, Google Wallet also has its barrier to enter industry. One of which was that users need to own Android-based phones with NFC chip in it. Second, the service is only available with MasterCard’s Paypass system. And last but not least, According to Google
Google Wallet is a mobile app that securely stores your credit cards and others such as coupons, discounts and promotions on your phone. With this application on your phone, you can check out at any store and even online that accept Google Wallet. You can thus pay and redeem offers fast, quickly and conveniently just by tapping your phone at the point of sale. The main purpose of this that Google Wallet is trying to conduct is to eliminate wallet entirely. There will be no more fishing cards out of wallets, no paper slips, and no signature required. Everything will be handled securely, instantly, and conveniently with just one tap of your phone at the register. How does it work? Google Wallet utilizes an application called NFC (near field communication). When you sign up for Google Wallet, you will be entering your credit or debit card information to your mobile device through Google Wallet application. You can then send or receive payment to any company or anyone that also have Google Wallet equipped. Google Wallet was found in America by the Engineer Founders Rob Von Behrens and Jonathan Wall. Different from other company, Google won’t charge users or merchants for access to wallet. So it will be completely free of charge to use.
Google Wallet is a publicly traded with its partners are Citi as the issuing bank and Master Card as the initial payment network. However, Google Wallet have only emerge Sprint as its first and only mobile carrier. Merchants with Google Wallet access though Google Wallet is only offered in New York City and San Francisco at this time but it is growing in merchants and will expand to other cities in the very near future. Just like any other products, Google Wallet also has its barrier to enter industry. One of which was that users need to own Android-based phones with NFC chip in it. Second, the service is only available with MasterCard’s Paypass system. And last but not least, According to Google