What is Google Wallet?
Google Wallet is a free Android mobile app that will make your phone your wallet. It stores virtual versions of your existing plastic cards on your phone, along with your coupons, and eventually, loyalty and gift cards. Google Wallet will work like an open mobile wallet holding all the cards and coupons you keep in your leather wallet today.
How it Works?
Simply tap your phone on the reader to pay and redeem offers using near field communication, or NFC. NFC is a wireless technology that enables data transmission between two objects when they are brought within a few inches of each other. Smartphones enabled with NFC technology can exchange data with other NFC enabled devices or read information from smart tags embedded in posters, stickers, and other products.
Where it Works?
You can tap and pay using Google Wallet anywhere MasterCard PayPass is accepted. Currently, MasterCard PayPass is available at hundreds of thousands of merchants across the United States. Find out where it works? now.
Currently Google Wallet is being tried out in a limited release in US and supports only Sprint's Nexus 4G phone but more Android phones will be supported in coming days.
This article was posted by VG in following section: Mobile Phones.
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SMBR
Oh Nice
Nunja Business
So now ... when you lose your phone or it is stolen - you have also lost your wallet. Thanks but no.
Anybody who turns over their funds to Google is asking for it anyway.
Nunja Business
Good luck if your battery dies and you need to buy gas to get home or something.
Laczyi
Google want to see all my life.... and now, the next is my pocket...
I thing, I never will use Google products !!!
seahorsepip
now thiefs have only to steal your phone instead of phone+wallet yay
K Town
My phone is probably not supported, even if it was, I would pass on this
Addy
Thanks but no thanks
abhi
hey VG its not true that only nexus 4G is supported.
there are many other NFC enabled handset coming these days like galaxy sll and Nokia N9
please update the article
Mid_life_crisis
I won't even use near field credit cards because of the danger of some thief with a scanner walking up behind you and stealing your information. I'm supposed to add my phone to that? Not... A... Chance!