Tag: google mobile payments

Google Wallet continues to struggle in mobile commerce sector

| June 13, 2013

Wallet has yet to find traction in mobile commerce

Google has been a big name in the mobile commerce space, but not necessarily a well-loved name. The company’s Wallet platform, which exists to facilitate mobile payments, has been the recipient of harsh criticism since its launch. The early days of Google Wallet were plagued by serious security issues that drove many consumers to other mobile commerce platforms. While these issues were ultimately resolved, Wallet experienced other hardships that made it unpopular with consumers, with companies like Verizon refusing to support the mobile commerce platform for various reasons.

Google continues to invest in Wallet platform

Google may have a strong interest in mobile commerce, but the company has not been able to find any significant traction in this sector. Google has invested more than $300 million into the Wallet platform, which also includes the acquisition of companies that had specialized in application development and mobile commerce. The company has also devoted more than 100 developers to focus solely on the Wallet platform. Despite this support, the Wallet has only seen 10 million downloads worldwide, a very low number in the mobile space.

Google Wallet - Mobile CommerceWallet fails to enthrall consumers

One of the reasons that Google Wallet has not become the dominating force in the mobile commerce space has to do with U.S. telecommunications companies. Few of these companies are interested in supporting the Wallet due to the other alternatives that are available. Lack of support means less exposure with consumers, which means that fewer people even know that Google Wallet exists. In the case of Verizon, AT&T, and T-Mobile, these companies have teamed together to launch their own mobile commerce platform called Isis, which has thus far proven to be somewhat more popular than the Wallet despite a very limited release.

Google may abandon Wallet platform, eventually

The Google Wallet was once considered by Google to be the key to mobile commerce success, but the platform has become a serious money sink for the company. It is uncertain how long Google will continue to devote money to the Wallet platform, but the company has not yet shown any signs of abandoning its mobile commerce endeavors.

Google continues to reform its mobile commerce approach

| May 24, 2013

Google pushing forward with interests in mobile commerce

Google muscled its way into mobile commerce only a short while ago, but the company is already working to reform its position in this competitive sector. In 2011, Google launched its Wallet platform, which allows users to make mobile payments. The Wallet was meant to be the company’s flagship in the field of mobile commerce, but received scathing reviews and suffered from technological problems. Google has been working to improve the platform ever since and believes that the Wallet is not capable of offering high quality mobile commerce services.

Checkout service to be shut down in six months

Google is so certain that the Wallet platform is ready for the limelight that the company has announced the closure of its Checkout service. Google Checkout had been used in the past to help facilitate digital payments for online merchants. The service was moderately popular, but was unable to attract the same kind of support that PayPal’s own services had attracted over the years. In six months, Google’s Checkout service will be shut down, replaced entirely by the Wallet.

Play developers to transition to Wallet Merchant CenterGoogle Mobile Commerce

The transition will not only affect online merchants as many game developers also rely on the current Checkout system. Over the coming weeks, Google will be transitioning its Play developers to the Wallet Merchant Center, which will allow them to collect payments from consumers. Google believes that this will be a more intuitive system for the mobile games sector as the system itself is designed with mobile technology in mind.

Google Wallet continues to attract attention

Google aims to create a unified approach to the mobile commerce sector. While the Wallet platform received harsh criticism when it was initially launched, it has managed to attract a rather strong following. Consumers have praised the platform for the convenience it brings to the shopping experience.