On 26 May 2011 at the Google offices in New York City, along with Citi, MasterCard, First Data and Sprint, they gave a demo of Google Wallet, an application that will make your mobile phone becomes your wallet. This application lets you press a button on the application to pay and keep the money electronically using your mobile phone and make use of the technology of near field communication (NFC). We are doing a field test of Google’s Wallet and berrencana to release soon.
Google Wallet is an important part of our ongoing efforts to improve the way of shopping for business and consumers. This is intended to make it easier for buyers to pay for the item that you want, while merchants provide more ways to offer coupons and loyalty programs to customers, as well as bridge the gap between online and offline commerce.
Because Google’s Wallet is a mobile application, then it can do more than the usual wallet. You will be able to save your credit card, loyalty card deals, and gift cards, but without the meet your pocket. When you press to pay, your phone will automatically redeem loyalty points and get a quote for you. One day, even things like pass the boarding, ticket, ID and key can be stored in Google’s Wallet.
Initially, Google Wallet will support MasterCard Citi Prepaid card and Google, you can use with virtually all card payments. Since the beginning, you can use your mobile phone to pay wherever MasterCard PayPass are accepted. Google Wallet will also sync Google Offers (www.google.com/offers) which You can redeem via NFC at merchants listed on the program SingleTap, or by showing a barcode when you check out. Many traders who are working to integrate supply and loyalty program with Google Wallet.
With Google’s Wallet, we build the ecosystem of open trade, and we plan to develop the API that would allow integration with a number of partners. Initially, Google Wallet will be compatible with the Nexus S 4 g by Google, is available on Sprint. Over time, we plan to add support for your mobile phone more broadly.
To learn more please visit the website Google Wallet in www.google.com/wallet. This article is quoted from the writings of Rob von Behren and Wall Jonathan, Founding Engineers on Google Wallet