Thursday, 26 May 2011 21:20
Google Offers and Google Wallet Announced For Mobile Payments
During a press conference in NYC today, Google officially unveiled Google Wallet and Google Offers mobile payment services. Google recently confirmed that it is working with banks, retailers, and other partners to allow users to make mobile payments with their cell phones. “Your phone will be your wallet,” Google’s VP of Commerce, Stephanie Tilenius said. “Just tap, pay and save.” Initial partners currently include Citi, MasterCard, Macy’s, Subway, Walgreens, and Sprint. Trials will begin today with a full launch expected this summer. The search giant said that more than 300,000 merchant locations in the United States will work with Google’s NFC-based mobile payment services and Google Wallet will automatically apply discounts, loyalty rewards, or coupons at the point of sale. Users can charge up the wallet using a credit card or a prepaid Google card. The firm expects that by 2014 and 150 million smartphones with be enabled with near-field communications (NFC). The Google Offers product will provide offers based on a user’s location and preferences and that the trial will first occur in Portland and New York. Are you excited to use Google Wallet? What do you think of the option of paying from your phone? Let us know in the comments below! As usual, stay tuned for more tech news and info by following us on Facebook, Twitter, and/or subscribing to our RSS feed. Authors:
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