What do you think about a world where
we no longer keep traditional fatty wallets to store money and credit
cards to pay the bills? If the Google wallet will be a success, it can
change one human nature to keep wallets (of course money) with us. We
can directly pay the bill from our mobile devices without even swiping
card using Google wallet. Google Wallet supports Android phones with NFC
(near-field communications) technology. However, right now only Nexus S
is supporting NFC technology and MasterCard is the only partner. So
currently only Nexus S users with Citibank MasterCards can use Google Wallet.
To use Google wallet service, your smartphone should have NFC technology. Here a chip installed in your smartphone makes secure communication between smartphone and PayPass terminals. NFC will be common in near future. It is expected that Apple will add NFC technology in the upcoming version of iPhone. Mobile carriers also play an important role in this program. Right now Sprint is the only mobile carrier who participate the program as Sprint is the carrier of Nexus S. Other mobile carriers too will join this program as soon as other Android smartphones will add NFC technology.
To use Google wallet service, your smartphone should have NFC technology. Here a chip installed in your smartphone makes secure communication between smartphone and PayPass terminals. NFC will be common in near future. It is expected that Apple will add NFC technology in the upcoming version of iPhone. Mobile carriers also play an important role in this program. Right now Sprint is the only mobile carrier who participate the program as Sprint is the carrier of Nexus S. Other mobile carriers too will join this program as soon as other Android smartphones will add NFC technology.
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