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Google Wallet

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Google Wallet

A smartphone app from Google that enables users to pay for merchandise at retail outlets with their mobile phones. Launched in 2011 with support for MasterCard's PayPass system, Visa and Discover were added a year later. Google Wallet also supports loyalty and gift cards as well as payments between individuals via Gmail (see p2p payments).

Near Field Communication Was a Prerequisite
Requiring an NFC-equipped Android phone to make a payment by placing it near a terminal, that prerequisite was dropped in 2013 when Google Wallet became available for non-NFC iPhones (Apple later added NFC). See smartphone wallet and NFC.

Google Wallet and Android Pay
In 2015, Google introduced the Android Pay mobile payment system built into Version 6 of the Android OS (Android M). In 2018, Google Wallet and Android Pay merged (see Google Pay).
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References in periodicals archive
With Apple Pay, Google Wallet and CurrentC there is no physical card to lose but, depending on the application and method, some applications might be able to see the card number and transaction information.
THE FUTURE OF MOBILE ELECTRONIC PAYMENTS
Google Wallet has partnered with MasterCard so that users can use their physical Google Wallet card anywhere that debit MasterCard is accepted.
Less is not more: the need to regulate Apple Pay
o 91 percent are satisfied with Google Wallet, while 89 percent are satisfied with the peer-to-peer payment platform offered by their banks.
TD Bank 2015 survey finds mobile banking becoming more significant
This percentage is more than three times higher than the 10% who say they use PayPal every time or almost every time and 16 times higher than the 2% who say they have the same usage pattern for their Google Wallet.
Apple Pay Has Strong Awareness, Little Adoption
At its core, Pay is similar to Google Wallet, which was released in 2011.
The future of mobile electronic payments
For this to work, Google Wallet requires Near Field Communication (NFC) technology.
Digital wallets to ride GCC e-commerce wave
From Paypal and Google Wallet to Facebook's recent announcement that it would start a free payment service, the technologically savvy alternatives to banks that are popping up are starting to eat at the traditional giants' bottom lines.
Better together
Apple Pay works automatically when your phone is held up to the checkout terminal, with no need to open an app as you must to use Google Wallet or PayPal.
Apple Pay: a clever combination of technologies makes it faster and more secure to buy things with a wave of your phone
Industry experts also see it as a move by Samsung to counter rival handset maker Apple's recently-launched Apple Pay mobile payments service as well as Android developer Google's Google Wallet.
Samsung to Acquire Digital Wallet Platform LoopPay
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