Google Wallet: Turn Your Phone into a Wallet

Among the many innovative solutions that Google has been providing us, Google Wallet is its new brainchild. Google Wallet is a software-based wallet that helps you store your payment data safely and enables fast payments for both in-store and online transactions. You can pay your in-store purchases with this Google Wallet mobile application, which is designed to be compatible with Nexus S 4G, and is accessible on Sprint. All it takes is a tap of the mobile app to pay utilizing Google Wallet wherein MasterCard PayPass is allowed. And considering that MasterCard PayPass is presently accepted at more than 140,000 vendor’s in-store and online just within the US, consumers have a diversity of options on where they can use Google Wallet. What’s great about this mobile app from Google is that it is completely free to avail and start using the software.

You may be curious about the security and privacy that Google Wallet offers. Basically, Google Wallet has applied a dynamic ‘Secure Element’, which provides tons of features that are designed to secure the data that the wallet stores. So what happens when your phone with the Google Wallet feature is stolen or lost? You must immediately contact your credit card company as well as your mobile phone provider to assist you. To avoid having to go through this hassling and time-consuming process, make sure to take extra precautionary measures.

In terms of payments, Google Wallet currently holds two main options of credit cards – Citi PayPass, eligible MasterCard and the Google Prepaid Card. However, the company is currently working on supporting the other types of cards that are mainly used today by consumers in order to make the use of Google Wallet more convenient.

Google offers deals on items and services at in-store and online businesses. Google Wallet currently provides a ‘Featured Offer’ and a ‘Nearby Offer’, which are two completely different discounts hosted by the software.