To begin lets start by having a brief look at what Google wallet actually is and what is its purpose? As the name suggests this is a product of Google which needs no introduction as it is a renowned name. The main thing is that it’s a mobile based payment system which has the capacity of storage for debit cards, loyalty cards, credit cards, gift cards and other related stuff in the cellular devise of its user. This is a very handy and safe way of carrying out payments and also at rapidphase. This is a new technology which has been introduced by Google last year in September. This particular Google wallet makes use of the near fields’ communications for carrying out safe mode of paying. This payment system is rapidly making head turns towards itself as it offers great security to the users. It is a very efficient way of making payments with the help of your cellular device or mobile phone. As for starting the cellular device which supports this system is Sprint’s Nexus, but plans are there to expand the working capacity.
The partners of Google wallet
The main launch partner for Google wallet is the Citi which is serving the purpose of bank which issues it. As the basic or starting network for making payments MasterCard was utilized. In addition to the entire main carrier for mobile is the Sprint. The acceptors of Google wallet are as follows
ü Jamba Juice
ü American Eagle Outfitters
ü Foot Locker
ü Container Store
ü Toys “R” Us
So Google wallet can act as a major circle of acceptance and can bring a lot of convenience in the lives of many.
Major credit cards supported
The main good and exciting news for all is that Google has recently introduced a new version which is referred as the cloud-based version and the good feature which is associated with it is that now it has widened its range and is able to support prominent credit plus debit cards like discoverer, American express, Visa and MasterCard. This recent app provides a dual advantage to the users as it allows purchasing items from stores as well as through online modes.
Basically this was introduced for the first time in the previous year that is in 2011 and aim was that it should replace the Google check out. This is a very useful app which utilizes the latest technological modes of wireless based networking and the main tactic involved is refereed as the near field communication.
With the help of this particular app users are able to enjoy a unique method of payment in which they need to wave their cellular devise which should be compatible with NFC terminal present at a shop of a dealer. This new technology is revolutionary and is expanding its coverage rapidly it is expected that Google Wallet will take control of the payment methods. Now with the addition of major credit cards the options of comfort have greatly increased.
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