Google Wallet
Google Wallet is a mobile payment system, which uses an embedded NFC (near-field communications) chip, developed by Google. It
allows its users to store debit cards, credit cards, loyalty cards, and gift
cards among other things, as well as redeeming sales promotions on their mobile
phone.
How to make a transaction?
It
is easy to make a transaction using Google Wallet. There are some steps that
need to be done in order to complete the transaction. First of all, you need to
have the Google Wallet app open. Second, you need to have at least one credit card
activated. Third, you have to place
your phone no further than two inches from a receiver. Finally, your
transaction is done successfully.
Security of your Wallet
Google made a point to show
how much focus is done on security with this payment method. Rob von
Behren said, “Security is very important to us. It was a fundamental
consideration from day one.” Here is how the security works: If your smartphone
is off or your screen is dark, NFC is disabled. However, if the screen is on,
NFC is enabled, but the secure element is off, making it impossible to do a
transaction. (Van Camp)
What kinds of devices is Google Wallet
available on?
Phones:
• Samsung Nexus S 4G on Sprint
• Samsung Galaxy Nexus on
Sprint
• Samsung Galaxy Nexus
GSM/HSPA+
• Samsung Galaxy Victory 4G
LTE on Sprint
• Samsung Galaxy SIII on
Sprint, MetroPCS, and US Cellular
• Samsung Galaxy S4 on Sprint
• Samsung Galaxy Axiom on US
Cellular
• LG Viper™ 4G LTE on Sprint
• LG Optimus Elite™ on Sprint
and Virgin Mobile
• LG Nexus 4 GSM/HSPA+
(available for purchase on Google Play)
• HTC EVO 4G LTE on Sprint
• HTC One on Sprint
Tablets:
• Asus Nexus 7 (available for
purchase on Google Play)
• Samsung Nexus 10 (available
for purchase on Google Play)
Did you use Google Wallet to
make a transaction?
Do you think Google Wallet
should be available on so many smartphones?
Feel free to add more information
if you have any additional insights about Google Wallet.
Reference:
"How Google Wallet
Works." Digital Trends. Jeffrey Van Camp, 20 Sept. 2011. Web. 18
June 2013.
"Google Wallet." Wikipedia.
Wikimedia Foundation, 18 June 2013. Web. 18 June 2013.
This seem like a nice idea. However, I don't see myself ever using such thing. This is mainly because I don't see a benefit of having this app on the phone. I bring my phone and wallet with me everywhere I go. My wallet has the credit card to begin with so there really isn't a benefit to have the app, unless you can hold more than one type of credit card. If it can, then that would be useful rather than having to keep all sorts of credit card
ReplyDeleteIf you carry your phone and wallet with you everywhere you go then probably you do not need it. However, if I am not mistaken, you can hold more than one type of credit card.
DeleteThat is a cool idea, that I have not heard of before. I think that if it has been tested and proven to work with no security issues it should be avaiable on all mobile devices. The one problem that I see with it as far as security goes, is what if you lose your phone or if your phone is stolen. I think it is pretty commom that people lose their cell phones and if you are just able to open the app and purchase something with no verification it could be a problem.
ReplyDeleteAs I know, you should enter a PIN number in order to make a purchase. In addition, if you lose your phone you can track your phone using some apps and then you will be able to either lock your device or disable it. When you disable it no one will be able to use it anymore.
DeleteI think this idea is awesome. I haven't used it myself but, I have heard of it. I think that this is one of those revolutionary future ideas that will catch on later down the road. Our mobile devices are already all-in-one devices, why not make it even more all-in-one by allowing it to be used a purchasing tool in this manner. I think it's beneficial in instances where you lose your cards or forgot your wallet or anything like that. As far as it completely replacing the wallet, I think it can happen eventually. I foresee a future where even our drivers license is digital and will be in some sort profile on our mobile devices. Maybe I'm look too far down the road, but I think everything will be digital eventually.
ReplyDeleteResponse By: Anthony McCollum
Great idea! But how secure could it actually be? Even the toughest safes in the world to crack aren't unbeatable. I am okay with the idea of purchasing stuff through a mobile device but why not just offer prepaid cards for this. With how much money they invest in these technologies, most people are not willing to put their card number on their phone. I find it difficult to see how secure "Google Wallet" can be.- Justin Blackwell
ReplyDelete