Google Announces Google Wallet and Google Offers
At an event at its New York City offices today, Google unveiled a new mobile payment system meant to help spur the adoption of smartphones as mobile wallets. The new Google Wallet service is an open platform for payments and offers at the point of sale. Google said it makes use of your phone to "tap, pay and save." Google said Google Wallet will use NFC (near-field communications) and GPS to let people use phones for commercial transactions in a way that hasn't been possible on the internet. According to a MasterCard executive on-hand at the event, over 300,000 merchant locations are ready for NFC-based Google Wallet — with 120,000 located in the U.S. alone. Google Wallet works with MasterCard's PayPass system, and Sprint, Citi, and MasterCard are among the first Google Wallet partners. The system will support loyalty programs, such as supermarket club cards, and automatically apply any earned discounts to the purchase. Google says that receipts are stored electronically on the phone. Google is trialling the system now in New York City and San Francisco, and will launch fully later this summer. Some of the first retailers on board are Macy's, Walgreens, and Subway. Google Offers is similar to Groupon, and will provide users with daily deals, which can be accessed from Google services/apps such as Google Wallet and Google Shopper.
Google Unfolds A Brand New Wallet App for Android
Google today released a fully redesigned Google Wallet application for Android devices. Google Wallet is not an app for making mobile payments at retail.
Google Folds Google Wallet and Android Pay Into Google Pay
Google today took steps to simplify its mobile and online payment products by combining them into a single service called Google Pay. Moving forward, Google Pay will encompass the features of Google Wallet and Android Pay.
Google Pay Arrives to Fully Replace Android Pay and Google Wallet
Google today released Google Pay, the revised payment application and service that replaces Android Pay. Google Pay encompasses most features of Google Wallet and Android Pay in a single app, allowing people to use Google Pay to make payments online and via mobile devices.
Google Launching Android Pay Today
Google said it is making Android Pay, its reborn mobile payment service, available to Android handsets beginning today. The app will be pushed to small batches of users over the next week, according to Google.