Tag: mobile payments

Google Wallet wins support from MetroPCS

 MetroPCS now supports Google Wallet

Google Wallet has finally won the support of MetroPCS, a mobile service provider in the U.S. The company is one of many service providers that offers the new Samsung Galaxy S III. Like others in its industry, however, MetroPCS did not support Google Wallet, meaning that consumers with the powerful new smart phone were unable to make use of Google’s mobile commerce platform. That has changed, now that Google has struck a deal with one of the few companies that still do not support its platform.

Google continues work to improve mobile commerce platform

Google is keen to get as much support for the Google Wallet as possible. The mobile commerce platform has been available for little more than a year now, but has not yet entered the mainstream. Google has been working to resolve many of the issues that plagued Google Wallet when it was first launched last year, going so far as to introduce a new cloud computing structure that provides more security for the platform.

More Galaxy S III users now get access to Google WalletMobile Commerce News on Google Wallet

Google Wallet has proven somewhat popular amongst consumers and fans of the technology company, but many have been unable to use the platform because of two big problems. The first is the fact that many network operators do not support Google Wallet, thus making the platform unavailable to consumers in these networks. The second, and perhaps most serious problem is the limited availability of NFC-enabled mobile devices. The Galaxy S III was expected to bring NFC technology to more consumers around the world and help expose them to mobile commerce. The smart phone accounts for only one NFC-enabled device, however, in a market that is thriving due to diversity.

Google to clash with Isis

The support of MetroPCS is considered a significant victory for Google’s mobile commerce plans. Google Wallet will soon clash with Isis, an as yet unreleased mobile commerce platform that has already garnered a great deal of support from financial institutes. Isis is backed by AT&T, Verizon Wireless, and T-Mobile, giving the platform immediate access to a wide range of consumers.

Google Wallet showing promising progress

 Google Wallet growing as security issues get resolved

Google is quickly establishing itself as a leader in mobile commerce. Last year, the famed technology company launched the Google Wallet, a mobile payment platform that allows consumers to make purchases using an NFC-enabled smart phone. The platform had a turbulent launch, receiving criticism for its lackluster security features and accessibility, but Google has worked to resolve these issues quickly. Now, the company claims that mobile payments being made with Google Wallet are on the rise and are growing faster than had been accepted.

Mobile payments double in six week period

According to Google, mobile transactions made with Google Wallet have doubled in the six weeks that have passed since the launch of a new cloud-based version of the platform that was introduced on August 1. This version of Google Wallet was designed to address the various security concerns that consumers had with the original platform. Because the platform is now connected to a cloud computing network, the financial information that is used to be stored on a smart phone itself is now stored in a secure digital network. Thus, this information cannot be as easily stolen or exploited.

Slow and steady may win the raceGoogle Wallet

Despite the rapid growth Google Wallet has experienced over the past month or so, Google notes that mobile payments are not going to be an overnight success. The company is gearing up for the long haul, especially as more competitors emerge in the growing mobile commerce field. Google notes that there is still a great deal of work left to do in getting consumers comfortable with NFC technology. Osama Bedier, vice president of Google Wallet and the company’s mobile payments, claims that this is a three-to-five-year effort and that consumers still have a lot of concerns regarding NFC technology and its safety.

Google to clash with Isis

Google’s largest competitor to date, Isis, is expected to launch in a matter of days. The Isis platform boasts of some impressive security features and has managed to garner the backing of most of the world’s major financial institutions. Google Wallet is still struggling to find this support, but has proven rampantly popular with consumers. Isis has proven favorable with businesses, but has yet to enthrall consumers.