Google launched google wallet today

google-wallet

google-wallet

Google today made official it’s NFC-based Google Wallet mobile payment service and Google Offers. Not only Sprint, but also a few more financial partners including Subway, Macy’s, Walgreens, Toys ‘R Us, First Data, Citibank and MasterCard join with Google in new payment service. Integrated with the PayPass contactless payment system from MasterCard, Google Wallet mobile payment service will bring a better user experience and expand it widely. The service will beginning immediately on trial basis and will be release fully in this summer. While Nexus S is the only NFC capable and Sprint Nexus S 4G will support the service for now, more Android Devices to join the party later in this year. The fund for payment will be collected from a Citi MasterCard or Google Prepaid Card (which can be funded from any other credit card).

On the other hand Google also announced Google Offers which is basically to deliver customer “offer of the day” and promotions from various retailers. According to the press release “Google is also working with point of sale systems companies and top retail brands to create a new SingleTap shopping experience. Consumers will be able to pay for an item using a credit card or gift card, redeem promotions and earn loyalty points-all with a single tap of their Google Wallet. Google is working with VeriFone, Hypercom, Ingenico, VIVOTech and others to develop these next generation point of sale systems. Retailers participating in the new SingleTap experience include: American Eagle Outfitters, Bloomingdale’s, Champs Sports, The Container Store, Duane Reade, Einstein Bros. Bagels, Foot Locker, Guess, Jamba Juice, Macy’s, Noah’s Bagels, Peet’s Coffee & Tea, RadioShack, Subway, Toys”R”Us and Walgreens.” Watch below the hands on video of Google Wallet in courtesy of Engadget.

 

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