Items tagged with wallet

Google is making a major play for the retail spending sector by offer Google Wallet users a prepaid debit card that they can use at physical locations where MasterCard is accepted. There's no big mystery here -- it works just like the debit card your bank issued you. The card itself is free to obtain, and there are no service fees for using it. "Your roommate finally paid you back for dinner through Google Wallet, and you want to use that money right away to pay for groceries this week. Now, you can use the new Google Wallet Card to spend the money instantly, either by purchasing in stores or by... Read more...
It should come as no surprise to hear that Google, a search company, has morphed into an advertising company. And what marketers really, really covet is your location and buying habits, amongst other personal details that help them best target you at the precise moment in which you'd be likely to pull the trigger on a purchase. By extension, Google's likely to start using Android (and Google Wallet, which is also available on iPhone) to act as a tracking method for your purchases. Granted, there's consumer up-side: by enabling Google to track purchases, Google can funnel coupons and other great... Read more...
Google has killed its fair share of projects, from Google Health to Orkut to Google Buzz to Google Reader. But one item it seems adament on keeping around is Google Wallet. Despite a relative sigh from the industry at large on the issue of NFC, Google has decided to pursue its payment technology from a different angle -- one that focuses on software and cloud access, rather than relying so heavily on a single hardware component. The issue from the very start was that not all phones had NFC, and some phones (like the iPhone) show no sign of picking NFC up in the future. But Wallet itself is a solid... Read more...
As far as rewards programs go, Starbucks has one of the least attractive on offer. Frequent hotel dwellers and airline goers have been pretty upset lately by point devaluations that are ruffling through the industry, but Starbucks gives loyal drinkers next to nothing for stopping in on a daily basis. Clearly, that's not hurting sales. The coffee giant still seems to be pulling customers in left and right, and while you'd think it would have to offer something fairly amazing to get people to pay using their phone, that evidently is not the case. Mobile payments on the whole have struggled in the... Read more...
Google Wallet was no doubt a crazy initiative. It takes a hugely ambitious company to pull off something of that scope and scale, and it's no surprise that Google rose to the challenge. But gaining traction in a market place that isn't quite as innovative has proven to be tough. A world without credit cards is surely in the cards, but how soon? Google is hoping that Wallet makes it sooner than some may expect, but it won't happen without ubiquity. And now, Wallet is not only coming to the Galaxy S III on MetroPCS, but also to the web. A subtle change on Google's Wallet website points out that a... Read more...
Google Wallet hasn't exactly taken over the mobile payment space. In fact, we'd argue that startups like Square are doing a better job of infiltrating the small biz market and grabbing mind share all the while. Why, you ask? Because Wallet was limited from the start. It's only on select phones, and up until now, only supports select cards. As of today, the app is supported on six phones from Sprint and Virgin Mobile, and also the Nexus 7 tablet. But Wallet's growing up in a pretty big way today. Aside from having the support of 25 national retailers, Google is this week releasing a new, cloud-based... Read more...
Does Google Wallet have a real future? Tap-to-pay schemes have worked well in many, many places all over the world, and with America's infrastructure, there's really no reason why it shouldn't work well here, too. While Wallet had to launch in limited markets at first, things are slowly but surely starting to expand. This week, New Jersey Governor Chris Christie  announced that NJ TRANSIT is the first public transportation agency to partner with Google Wallet, Google's recently released contactless payment system. With Google Wallet, NJ TRANSIT rail and bus customers have the option to use... Read more...
An easier way to pay? Depends on how many merchants sign up, how many phone makers sign up, and how many phones ship with an NFC module within. But this is one heck of a start. Google and Sprint just announced a monumental launch for Google Wallet, the NFC-based pay system that is launching exclusively on the Nexus S 4G to start. Google Wallet was actually "announced" back in May, with Citi, MasterCard, Sprint and First Data onboard. But up until now, only private testing has been going on. Now, the company's releasing a new build of Android (v2.3.7) that brings it to all public Nexus S 4G users.... Read more...
There's one thing that just can't be overstated enough in this business: competition is great. Mobile payments have been spinning around for years, mostly in places outside of North America, but recent developments have brought all sorts of interest to that region. PayPal, Google and legions of carriers are all taking notice, realizing that the future of payments is probably something other than a printed note or a credit card. Isis is one initiative that has been receiving on-again/off-again support from companies and carriers alike, and a new Bloomberg Businessweek report suggests that Verizon... Read more...
If there's one thing blowing up in the tech universe this year, it's mobile payments. PayPass, Google Wallet, NFC and others have taken off, starting in Asia years ago, and now being embraced North America. It shouldn't come as any surprise, then, that a company most people have never heard of is getting into the game. ERPLY, a provider of cloud-­-based mobile, laptop, and desktop point-of-sale (POS) and retail inventory management solutions, has just announced the ERPLY mobile credit card reader for handheld mobile devices to deliver secure, fast and convenient payments for businesses large and... Read more...
What's needed to really get people hooked on contactless payments? Lots and lots of industry support. Google Wallet has set the bar for what's possible with NFC in the smartphone, and now Visa is making a play to expand their own reach for when the time comes to take advantage. The company recently acquired South African firm Fundamo, with the purchase costing Visa a staggering $110 million. Separately, a 5-year deal with UK-based Monitise will help it "grow the new technology-enabled payments business." Since Visa's currently outside of the Google Wallet loop (and instead is taking part in ISIS),... Read more...
It's finally happening. Well, maybe we should rephrase that. It's finally happening in America. NFC payments, as well as other contactless options, have been all the rage in places like Japan for years now, with many cellphones having these chips embedded in them, enabling consumers to pay for metro rides and groceries with a swipe of their handset. It's a brilliant idea that would greatly simplify life for those sick and tired of fiddling with credit cards. But for whatever reason, the concept has had a very difficult time taking hold in North America. Finally, it seems that's changing. The Samsung-built... Read more...
PayPal revealed a new Send Money application for the iPhone and iPod touch. With version 2.0, you'll get secure mobile access to your PayPal account as well as Bump money transfers, Split Check, and Collect Money features. With Bump, you simply put two iPhones together to transfer money from one owner's account to the other's. The Split Check feature makes it easy to divide and split the cost of dinner with a friend. If you're trying to collect money from multiple people for a joint gift, the Collect Money feature can help. International transactions are also possible with the new app. PayPal Launches... Read more...
When you think about it from a fundamental perspective, money is worthless. It’s a paradoxical statement, but money is simply paper/fibers with dead people printed on it. The only reason we value money is because we trust the government. So why not get rid of money altogether? Apparently that’s what they’re trying to do in Japan, and with a great deal of success. NTT DoCoMo Inc.’s Osaifu-Keitai service, which literally translates into “wallet-mobile phone,” has become massively popular in Japan in less than three years. The Osaifu-Keitai interface allows subscribers to use their phones to pay for... Read more...
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