Google Wallet Spreads Across America
Google Wallet Spreads Across AmericaSep 20 2011 - Google - Farhad Divecha
Google Wallet, an app that allows consumers to use their mobile phone as a wallet, is now ready to roll out across a number of major payment providers and one major network in North America.
The search giant has been running trials of this app on Sprint phones and they are now ready to roll out the app to all Sprint Nexus S 4G phones with an over-the-air update.
So far, they have only tested the app with Citi, MasterCard, and First Data. However, now they are ready to add other partners including Visa, American Express and Discover, to this service. It is not yet known when these cards will become functional on Wallet, as technical details are being worked out.
Once users download the wallet app to their phone, they can use it to make payments through NFC technology instead of having to carry several credit cards.
This service is still in its infancy, as it works only on one Sprint phone, and is compatible with only a limited number of credit cards. Also, the number of terminals compatible with this technology is a very small percentage of the total number of terminals in use.
Google aims to be able to let users use this app for all credit cards, and is also working to make the feature compatible with several other handsets. They also hope to increase the number of terminals compatible with this technology in the near future.
While Google Wallet is compatible on the Sprint network, the other popular networks, Verizon, AT&T and T-Mobile USA, are working with several credit card companies to create their own digital wallet too.