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Thursday, June 9, 2011

Tap, pay, and save with Google Wallet

Google Wallet is an app that will make your phone your wallet. You’ll be able to tap, pay and save using your phone and near field communication (NFC). This app is designed for you to pay as well as save on the goods you want. It  also provides merchants more ways to offer coupons and loyalty programs to customers, as well as bridging the gap between online and offline commerce. since Google Wallet is a mobile app, it can do more than a regular wallet ever could. You'll be able to store your credit cards, offers, loyalty cards and gift cards electronically. When you tap to pay, your phone will also automatically redeem offers and earn loyalty points for you ie Offers automatically sync to your Google Wallet. In future even things like boarding passes, tickets, ID and keys could be stored in Google Wallet.Security is achieved by Google Wallet PIN and with secure underlying technology.The only problem is that if your phone goes out of power you become cashless.
Related post:
When Wallet meets Mobile
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