Well, we knew it was a possibility, and given Google Wallet's painfully slow adoption rate (by carriers and payment processors), rumors today from NFCTimes that the service's sole remaining partner Sprint is coming up with an alternative aren't exactly surprising.
NFCTimes says the service will be called "Touch," and will utilize a "secure element" system like Wallet (a physical chip) in order to securely process mobile payments. Likely by necessity, this would mean the end of support for Google Wallet on Sprint handsets released after the launch of the new "Touch" service. Read More
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. Read More
As promised, we have a second question regarding the recently over 10-day $0.10 "10 Billion Promo" sale, inspired by numerous comments on the sale posts and via Google+/Twitter/Facebook. Read More
A few days ago, we told you that Google was most likely going to announce a mobile payment service using NFC. Today, that announcement is official, and it's called Google Wallet. Wallet is exactly what the name suggests: a payment service that aggregates all of your credit cards, coupons, loyalty cards, and more, into your Android phone. You can then not only use your phone to pay, but it will also enter your customer loyalty information automatically, as well as redeem any coupons that are loaded into your Wallet using NFC (near field communication). Read More
Well, seems like Google wasn't lying when they said they would continue to work on providing carrier billing as a payment option in the Android Market, announcing the addition of the feature to Sprint handsets, alongside T-Mobile and AT&T. With three out of four major US carriers down, will carrier billing be coming to Verizon any time soon?
The feature has long been the request of many customers across all carriers, particularly internationally. Read More
According to news website TheStreet, Google may be finally relenting on the Google Checkout-only system currently employed in the Android Market by letting PayPal in on the action. This is a facility that users have demanded for some time, and the ubiquity and convenience of PayPal payment should be a nice incentive for people to buy apps if they have not done so before. TheStreet also speculates that this new payment option may be the final piece of the puzzle in the long-awaited Google Music project, allowing for seamless payment from your device or PC. Read More