Launched in 2011 as a unified mobile payment system, Google Inc (NASDAQ:GOOG)‘s ambitious Google Wallet service has failed to take off. Part of the search giant’s push was to embrace near-field communications, or NFC, which was hailed as the next revolution in mobile payment technology. NFC has been around for ages, but the prospect of [...]
Launched in 2011 as a unified mobile payment system, Google's ambitious Google Wallet service has failed to take off. Part of the search giant's push was to embrace near-field communications, or NFC, which was hailed as the next revolution in mobile payment technology. Show More Summary
Google Wallet hasn't moved the mobile-payments needle in any meaningful way, even though the service is now two years old. Apple is expected to jump into the payments game sooner or later. Will the Mac maker get it right?
Pouring money into Google Wallet is getting Google nowhere. Slow adoption, reluctant phone carriers and lack of enthusiasm for NFC are weighing heavy on the mobile payments trend, and something's got to give.
Google planned to revolutionize the way we make payments with its mobile wallet service. Google Wallet has failed to find mainstream success, however, and has been downloaded from the Play store fewer than 10 million times since first launching in September 2011. Show More Summary
Remember Google Wallet? It was a product that was going to allow you to pay for things in physical stores with your Android phone. Bloomberg Businessweek's Mark Milian and Ari Levy say Google has invested over $300 million in the project, but fewer than 10 million people have ever used it. Show More Summary
Amazon Payments went after paypal, and they will let you send $1000 to someone via credit card each month with no fee. Now Google Wallet has also entered the space, and they’re waiving credit card processing fees as well. Google Wallet lets you send money to someone’s gmail account. They’re still in ‘beta’ or at [...]Show More Summary
Two years ago, Google announced a massive new initiative around a product called Google Wallet. The mission: replace credit cards with smartphones. It didn't happen. Why? And why are so many of the people who were on the Google Wallet team quitting to work at a startup called Braintree. Show More Summary
Mobile payment transactions are on pace to hit $235.4 billion in 2013, though mostly through money transfers, as NFC payments and services like Google Wallet have failed to gain much traction.
Google was supposed to be different. Unlike Microsoft and Apple, which built their empires on proprietary software and associated lock-in, Google has long been all about peace, love and open standards. Recently, however, that has begun to change. Show More Summary
An electronic WristBand will track people around Disney World; contactless wallets like Google’s allow similar data collection in the real world.
Google has been recently pushing hard to have its payment service, Google Wallet, integrated across its various others products and services. The latest is an apparent move to support in-app... Keep reading ?
Bringing its Chrome packaged app family closer in line with the functionality of Android programs, Google's prepared a new Chrome Wallet App to offer in-program payments. If you're looking to try it out early (and you don't already know...Show More Summary
Having already put its Google Wallet where its mouth by backing a solar power tower plant in California to the tune of US$168 million, Google has now turned to wind power. According to a report from Bloomberg Businessweek, the search...Show More Summary
Google is switching things up and Google Wallet is replacing Google Checkout and users can now send money right from their Gmail inbox. Follow The American Genius on Facebook for exclusive & breaking business stories Get more Business News at AGBeat
Google has enabled a new feature within GMail which integrates with Google Wallet and allows users to make payments within an email. Send Money Through GMail was originally published at Money Watch a UK personal finance blog. Sign up to our RSS feed and follow us on Twitter.
Opportunism is a Silicon Valley trademark, so it should come as no surprise that Google is after a larger chunk of PayPal's lucrative business. The search king is dropping Checkout to focus on Google Wallet in the wake of losing keyShow More Summary
Google Checkout is the next Google service to be discontinued, and will be closing shop on November 20th. The payment gateway will cease operations in favor of Google Wallet. Google Checkout is a PayPal alternative for Web merchants, and also the favored transaction medium for Google Play developers. Show More Summary
You may have heard Google wants to absorb your wallet into your smartphone. But these days, slimmer is better. So how about making the wallet disappear altogether? Paytouch wants to link credit cards to fingerprints. What’s the advantage of a fingerprint payment system? No more carrying around cards. Show More Summary
Cash registers and IOUs are going the way of the dodo, taking with them that old ka-ching sound. From Square Cash to Google Wallet, here's how tech is changing cash payments. Digital wallets have long been in the news, but the hottest trend is peer-to-peer payments and apps that help small business owners ditch their cash register. Show More Summary