Mobile Wallet From Google

With the advancement of technology, Google has recently unveiled its latest Mobile Wallet service. Google describes this service as tomorrow’s top shopping experience.

This is an Android application which enables one to pay for things they buy with their debit and credit cards by using their handsets.

This app comes with a near field communication which helps one to turn their phone to a virtual wallet. It helps one to store debit/credit card, offer coupons, loyalty cards, and cinema/train tickets.

Google has also promised that in the near future this app will also enable one to store their driving licence on it.

While purchasing daily goods like milk, chocolates and newspapers, one will just have to wave their handset before the terminal.

In case of higher value transactions one will have to enter a pin on the handset itself. Google has joined hands with MasterCard, Citibank, First Data and Sprint to test the technology.source