Well, that just came right the flip out of nowhere. Google just sent out an email informing Google Wallet users that, as of September 17th, you will no longer be able to add funds to your Google Prepaid Card. After that, you have one month to spend any remaining balance, before it's no longer available. You can still receive a refund for the balance here, though, so Google's not just stealing your money.
If you asked someone off the street what Everything Everywhere was, they probably wouldn't have a clue what you were talking about. The company is yet to establish its own brand presence in the UK, but it's certainly busy setting things up behind the scenes.
For those of you who don't know, the company has been around for a while, ever since the merger of T-Mobile and Orange. Just last week, we learnt that the network would be the first to launch 4G in the UK, and now it's partnered with MasterCard to offer NFC payments on its devices in a 5-year deal.
It's no secret that Google Wallet got off to an extremely rough start. The service was announced nearly a year ago to a mild amount of fanfare, then almost immediately started hitting barrier after barrier, fighting for carrier and card support. Just a few days ago, they revealed that the big four (Visa, Mastercard, American Express, and Discover) were finally on board, thus bringing the service many steps closer to actually...
Mobile payment providers. Yeah, I'm already getting a little sleepy thinking about them, too. Let's face it, they're not the most exciting topic in the world, but whenever we talk about how people spend their money, you know there are lots of companies out there eagerly eying the potential of various new payment technologies with great interest. Among such companies are cell phone carriers, and the reason why should be obvious: smartphones with NFC are ideal platforms for next-generation payment systems.
Jealous of all the new phones coming out equipped with NFC but locked into a contract with your current, NFC-less handset? Worry not, friends, DeviceFidelity and Spring Card are looking to change the game within a several weeks with a new NFC microSD card that will bring touch-to-pay to "a number" of Android-powered handsets.
The card is called moneto and seems to be a fairly simple setup. Pop it into your microSD card slot, place a small NFC antenna inside your battery compartment to help with the signal, install the moneto app, and you're ready to go.
The smartphone is slowly becoming the "all-in-one" gadget, however one big gap that still exists is the inability to easily make purchases directly through the device instead of using cash or credit cards. According to the WSJ and "people familiar with the matter", Google is working with MasterCard and Citigroup to fill this void by using the still nascent NFC (near field communication) technology to develop a new mobile payment service.