Tuesday, September 20, 2011

Google Wallet goes Live

If you have a Nexus S 4G from Sprint, you can now start to use the much awaited Google Wallet. More to the point, you can now simply tap your Nexus on a compatible payment terminal to pay for your bills using your Citi Mastercard, as well as Google's own prepaid cards that you can fund using any of your regular cards: Visa, American Express, Discover...

It's the first step for the west to finally experience the NFC payments that are already common in other parts of the world. And while tapping your Google Wallet phone can be as "awkward" to tap or pass a regular plastic card, it will indeed offer many advantages (as being able to track if you're actually where you're supposed to, and hopefully prevent lots of fraudulent transactions that cost hundreds of millions each year.)

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