Google Announces Google Wallet and Google Offers
Updated: on-going edits as more information becomes available, added more details, added URL
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 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.
Google Wallet for iOS Gets A Feature-Removing Makeover
Google has revised the Google Wallet app for the iPhone to put it in line with the re-imagined Wallet app that now appears on Android devices. The Google Wallet app is now a simple tool for managing the Google Wallet Card and making payments to individuals.
Google to Discontinue Wallet Debit Card
Google has begun informing owners of the Google Wallet Card that it will cease supporting the card come June 30. The Wallet Card was initially paired with the Google Wallet app for mobile payments, but Google transitioned its mobile payment service away from Google Wallet to Android Pay.