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Google Considers Revenue-Sharing with Wireless Carriers to Push Google Wallet

Mar 22 2012, 12:50pm CDT | by , in News | Mobile Phones

Google Considers Revenue-Sharing with Wireless Carriers to Push Google Wallet
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Google wants carriers to push wallet service

Google is trying to work out how to increase the adoption of its Google Wallet service. Google Wallet is NFC payment system allows users to pay for things using their smartphone and prepaid digital debit cards. Google has found that adoption for its digital wallet services slow is considering sharing revenue with carriers like Verizon and AT&T to get them to help push the technology.

I think one of the bigger reasons adoption is slow for such technology is security. Google has had problems with provisioning with some users finding their cards were taken over by nefarious sorts in the past. Still, digital wallet services could be the way the future if Google can get people to adopt the technology and get more retail locations to accept payments using the tech.

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