Google Wallet is one of the competing platforms for mobile payments, which not only facilitates online payments, like PayPal, but also deals conducted using one's smartphone. Formerly suitable with only MasterCard, Google Wallet has been modified to use all credit and debit cards.
Google Wallet moves forward
People think that cash and plastic cards will be gone forever soon when smartphone payments start to become the norm. There should be a lot of competition too considering Apple, Google and Microsoft are always fighting over providing the newest technology to consumers.
However, on the mobile payment front, the issue is settled that near-field communications are the standard for mobile payments. A mobile payment reader "reads" a chip embedded on a smartphone, which is tied to a bank or credit account. The payment deducts the appropriate amount. There are only a couple competing systems, one of which is Google Wallet, Google's mobile and online payment system. Previously, it only worked with CitiBank debit and MasterCards, according to ArsTechnica, but now it works with any and every card there is.
Really great for future of mobile payments
TechCrunch publicized that almost all credit cards will be covered by the Google Wallet change. There will be few charge cards not covered since Discover, American Express, MasterCard and Visa are now all participating in the program.
Google Wallet users will appreciate the change, though there are not very many of them at this point. Of the 8 devices that currently support Google Wallet, 5 are only available at Sprint. There is one that can be bought at Virgin Mobile or Sprint. That means your options are limited. In fact, the devices consist of four from the Samsung Nexus line. The other ones consist of the HTC EVO 4G LTE, the Asus Nexus 7 tablet, the LG Viper and the LG Optimus Elite.
Safety number one
The memory on a smartphone no longer stores the data; instead, it is stored on Google's secure servers. That means it is easier to stay away from getting all sensitive info necessary for the purchase hacked. All you have to do is put in your account info for the card on the servers. You may also choose to wipe all financial data off the gadget with another new security benefits.
However, one problem with mobile payment systems are that only a few retailers have terminals with NFC readers, so there are not too many stores one can actually use Google Wallet in. At the moment, the few devices that can use it can only be used in one of the few stores that can process the payment.
Google Wallet moves forward
People think that cash and plastic cards will be gone forever soon when smartphone payments start to become the norm. There should be a lot of competition too considering Apple, Google and Microsoft are always fighting over providing the newest technology to consumers.
However, on the mobile payment front, the issue is settled that near-field communications are the standard for mobile payments. A mobile payment reader "reads" a chip embedded on a smartphone, which is tied to a bank or credit account. The payment deducts the appropriate amount. There are only a couple competing systems, one of which is Google Wallet, Google's mobile and online payment system. Previously, it only worked with CitiBank debit and MasterCards, according to ArsTechnica, but now it works with any and every card there is.
Really great for future of mobile payments
TechCrunch publicized that almost all credit cards will be covered by the Google Wallet change. There will be few charge cards not covered since Discover, American Express, MasterCard and Visa are now all participating in the program.
Google Wallet users will appreciate the change, though there are not very many of them at this point. Of the 8 devices that currently support Google Wallet, 5 are only available at Sprint. There is one that can be bought at Virgin Mobile or Sprint. That means your options are limited. In fact, the devices consist of four from the Samsung Nexus line. The other ones consist of the HTC EVO 4G LTE, the Asus Nexus 7 tablet, the LG Viper and the LG Optimus Elite.
Safety number one
The memory on a smartphone no longer stores the data; instead, it is stored on Google's secure servers. That means it is easier to stay away from getting all sensitive info necessary for the purchase hacked. All you have to do is put in your account info for the card on the servers. You may also choose to wipe all financial data off the gadget with another new security benefits.
However, one problem with mobile payment systems are that only a few retailers have terminals with NFC readers, so there are not too many stores one can actually use Google Wallet in. At the moment, the few devices that can use it can only be used in one of the few stores that can process the payment.
0 commentaires:
Enregistrer un commentaire