Google recently launched its mobile phone payment system, Google Wallet. The service is really interesting and useful to common people in terms of security and ease of use. In other words, you don’t have to carry lot of cash and all sorts of credit cards, debit cards, gift or discount cards of hundreds of banks or merchants. Only thing you need is Android powered mobile phone. Sounds impossible? No, its not. Keep reading to know how it works.
Google Wallet is an Android app that makes your phone your wallet. It stores virtual versions of your existing plastic cards on your phone. Simply tap your phone to pay and redeem offers using near field communication, or NFC.
- Look for these symbols at checkout.
- Tap your phone on the reader.Your phone sends payment, and, at some merchants, offers and loyalty information.
Payments, offers, loyalty, and so much more
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.
Currently, Google Wallet supports only Citi, MasterCards and Google prepaid cards but Google said, they will be adding more and more services and cards in future. You’ll be able to tap to pay at hundreds of thousands of merchants.