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).
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.
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.