Thursday, September 18, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
AT&T Launches High-speed U-verse Service for Businesses
AMD Moves Closer To The Introduction Of Project FreeSync Monitors
Ericsson to Shut Modem Business
VIA Launches ARTiGO A900 Android System For IoT and M2M Deployments
Amazon Purchases .buy Domain for 4.6 Million Dollars
Toshiba to Develop New Transistor Series Using Latest Process Technology
Samsung Now Mass Producing 20-Nanometer 6Gb LPDDR3 Mobile DRAM
Samsung Introduces 27-inch S27D590C Curved Monitor
Active Discussions
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
 Home > News > Mobiles > Google ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, May 26, 2011
Google Announces Pay-by-phone System


Google and four bank and telecommunications partners on Thursday unveiled "Google Wallet," taking U.S. shoppers a step closer to paying by waving their mobile phones at the checkout counter.

The announcement was made by Google, Citi, MasterCard, First Data and Sprint today at the company's New York City office. Google gave a demo of Google Wallet, an app that is aimed at making users' phone their wallet. Users will be able to tap, pay and save using their phone and near field communication (NFC). Currently, Google is field testing Google Wallet and plans to release it soon.

Google Wallet is aimed at making it easier for users to pay for and save on the goods they want, while giving merchants more ways to offer coupons and loyalty programs to their customers, as well as bridging the gap between online and offline commerce.

Because Google Wallet is a mobile app, it will do more than a regular wallet ever could. Users will be able to store their credit cards, offers, loyalty cards and gift cards, but without the bulk. When they tap to pay, their phone will also automatically redeem offers and earn loyalty points for them. "Someday, even things like boarding passes, tickets, ID and keys could be stored in Google Wallet," Google's engineers on Google Wallet wrote at the company's blog.



At first, Google Wallet will support both Citi MasterCard and a Google Prepaid Card, which users be able to fund with almost any payment card. From the outset, users will be able to tap their phone to pay wherever MasterCard PayPass is accepted. Google Wallet will also sync users' Google Offers, which they'll be able to redeem via NFC at participating SingleTap merchants, or by showing the barcode as they check out. Google added that many merchants are working to integrate their offers and loyalty programs with Google Wallet.

With Google Wallet, Google is trying to build an open commerce ecosystem, and is planning to develop APIs that will enable integration with numerous partners. In the beginning, Google Wallet will be compatible with Nexus S 4G by Google, available on Sprint. Over time, Google plans on expanding support to more phones.


Previous
Next
New Bill Requires ISPs To Keep Records For 18 Months        All News        NVIDIA 3D Vision Video Now Available on YouTube
Asus Set to Launch Smartphone-Tablet Combo at Computex     Mobiles News      CNN's News Content to be Supported by Nokia's Mapping Services

Get RSS feed Easy Print E-Mail this Message

Related News
US Government Data Requests Increased: Google
Google Adds A Steering Wheel To Its Self-Driving Cars
Google Takes a Medical Turn
EU Rejects Third Google Antitrust Deal
Google Glass Now Generally Available
Google, Photographers Settle Litigation Over Books
Google Software Accelerates Web Servers
Google to Refund Consumers at Least 19 Million Dollars to Settle FTC Complaint
Google Launches Quantum Computing Research Project
Google Tests Drones For Delivery Of Goods
German Regulator Will Pursue Complaint Against Publishers
Google Buys JetPac

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .