Google has launched Google Wallet which uses a NFC chip to make your payments using your Android phone : Google Nexus .
It enables you to pay with your Citi Master card and Google prepaid card which can be funded using your existing credit cards. Google has announced that early adopters before the end of the year will be given 10$ as bonus. Google says application may add support for Visa, Discover and American Cards later on in the future.
Some of the users might not use it instead of the convenience it is giving due to security reasons. But Google says that the payment credentials are stored on a separate chip which requires password when making transactions, so anybody finds an android phone cannot use the application as to initiate it also the user requires a PIN.
Google says that it does not have a list of product you buy, but can be integrated in future after a positive response from users to this application.
No comments:
Post a Comment