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20Sep/110

What is Google Wallet ?

Google Wallet launches today, but you probably can't use it yet. The digital wallet is available for the Samsung Nexus S on the Sprint Nextel network. The wallet uses near-field communication to allow you to pay with your mobile phone. "In the future, our goal is to make it possible for you to add all of your payment cards to Google Wallet, so you can say goodbye to even the biggest traditional wallets," said Osama Bedier, vice president of payments at Google
google wallet
While several other companies, including credit card giants Visa and American Express, as well as mobile wireless carriers, have also announced plans to launch their own digital wallets, Google is the first to take its digital wallet to market.
Google Wallet, which will allow people to tap or swipe their phones to pay for things, officially launches today on its first smartphone, the Samsung Nexus S offered on Sprint Nextel.

Read more: http://news.cnet.com/8301-30686_3-20108224-266/google-wallet-opens-for-business/