Friday, May 27, 2011

Google wallet The secure way for Mobile payment

Google announced the new easy and secure way of payment through mobile Google wallet.You’ll be able to tap your phone to pay and redeem offers using near field communication, or NFC.

Google Supports Citi® MasterCard® cards and the Google Prepaid Card with Google Wallet.

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Google Wallet has been designed for an open commerce ecosystem. It will eventually hold many if not all of the cards you keep in your leather wallet today. And because Google Wallet is a mobile app, it will be able to do more than a regular wallet ever could, like storing thousands of payment cards and Google Offers but without the bulk. Eventually your loyalty cards, gift cards, receipts, boarding passes, tickets, even your keys will be seamlessly synced to your Google Wallet. And every offer and loyalty point will be redeemed automatically with a single tap via NFC.

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

Fill up This form if you want to notify when Google wallet is launch.

 

Google wallet|Where it Works|Google Blog

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