Thursday, June 30, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Seagate To Axe 1,600 Employees
Major Windows 10 Anniversary Update Coming on August 2
AMD Launches the VR-ready Radeon RX 480 Graphics Card
Wi-Fi CERTIFIED ac Brings Advances in Wi-Fi Performance
Facebook Tries To Explain The Algorithm Behind News
KDDI, Google Complete 60-Terabit Trans-Pacific Cable
New Sony 4K Ultra HD TVs Released In The U.S.
Google Offers Users More Ways To Manage Ads
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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
KDDI, Google Complete 60-Terabit Trans-Pacific Cable
Google Offers Users More Ways To Manage Ads
Google Brings Higher Resolution Imagery To Maps
Google To Face New Antitrust Charges In Europe
Meet Lenovo PHAB2 Pro, Google 's First Tango Smartphone
Google Nest Chief Fadell Steps Down
Google Your Name To Change Your Settings Or Find Your Phone
Google Wins Oracle in Android Trial
Google To Open Self-driving Car Engineering center in Michigan
Google Enhances Ads For Mobile Devices
Google's Paris Offices Raided
I/O: The next evolution of Google

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .