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Google launches Wallet; the payment goes through your smart phone

Google has officially launched, yesterday, Wallet: the service will be available to all users Sprint have a Nexus S 4G , able to support the NFC (near field communication). Wallet looks like a payment service alternative to standard credit cards

The application, in its initial phase, will be available only for City MasterCard cardholders: But Google has said that support for Visa, Discover and American Express is only a matter of time.

The video explains how to follow Google Wallet application:



It is, of course, the first and important step for the diffusion of a new payment system: Google is leaning against the existing infrastructure MasterCard Pay Pass to run through the NFC. To enable the payment will need to enter a PIN and then switch your Nexus S near the terminal.

The launch and early uses are, of course, the prerogative of the U.S. market: Google has relied to Citibank in its initial phase and only after having been run in the system will begin to expand. At launch Google Wallet already has about 150,000 stores that support this new payment system.

The payment by phone, at least in the United States, has arrived and seems to have the credentials to represent an interesting alternative to common services. It only remains to wait and then hope to see when and how will be the first implementations of NFC technology

Posted by: Wasim Javed

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