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Google Wallet: Your Phone has no NFC? Use a Sticker Instead

The mobile payment service Google Wallet got unveiled yesterday. It will work initially with the Nexus S 4G.

May 27 2011, 1:39am CDT | by

Google Wallet: Your Phone has no NFC? Use a Sticker Instead
 
 
 

Yesterday Google unveiled their mobile payment service Google Wallet. With Google Wallet you'll be able to store your credit cards, offers, loyalty cards and gift cards, but without the bulk. When you tap to pay, your phone will also automatically redeem offers and earn loyalty points for you. Someday, even things like boarding passes, tickets, ID and keys could be stored in Google Wallet. The full functionality of Google Wallet is going to be available with NFC enabled mobile phones, but Google also has plans to allow other phones to use Google Wallet.

TechCrunch reports that Google works on a solution that uses NFC stickers. These stickers would identify your account and the transaction would be done through the cloud. Google's Osama Bedier said that this solution would offer less functionality compared to an NFC phone. Details are very vague at this point how the NFC sticker payment system would work. It will anyway still take some time until Google Wallet rolls out. It is in field testing now. It might even get delayed as Google faces a lawsuit from PayPal that got filed just after the announcement. PayPal specifically filed a lawsuit against Osama Bedier and Stephanie Tilenius, former PayPal employees and now working for Google. PayPal says their trade secrets have been stolen.

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Swipely raises another $12m from tiny Rhode Island

Source: PandoDaily.com

Payment processing company Swipely is announcing a $12 million series B today. That’s a nice chunk of change for any company, but it’s particularly nice for one based in the not-so-techy-hot-bed of Rhode Island. For investor Josh Kopelman, the underdog ...
Full article at: PandoDaily.com  More like this  10 minutes ago

Sprint ups its offer for Clearwire

Source: Seattle Business Journal

TechFlash delivers technology news and trends from your city and beyond. Sprint Nextel Corp. has upped its offer for Clearwire Corp. to $3.40 per share. In a move that surprised few people, Sprint Nextel Corp. has increased its offer t ...
Full article at: Seattle Business Journal  More like this  24 minutes ago

Google kills floundering Google Checkout, asks people to use Google Wallet instead

Source: The Business Review - Albany

TechFlash delivers technology news and trends from your city and beyond. Google this week announced it was killing Google Checkout, the company's PayPal competitor. Google would like to migrate its Checkout customers over to Google Wallet, p ...
Full article at: The Business Review - Albany  More like this  28 minutes ago

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

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