Google Wallet is it here to stay?
|May 27, 2011||Posted by admin under Technology||
Google wallet is a new application for your cell phone. It allows you to pay for things at the store by just swiping your phone in front of a terminal. Technology lovers are going to eat this up.
Don’t look for this technology to replace your leather wallet just yet. Google recently unveiled the new electronic wallet technology, and it looks as if it will take years to achieve full implementation. Someone will say they don’t even have a cell phone so how is this going to work? There are those stubborn few who think technology and your money don’t belong together. Who knows maybe they’re right.
Google is going to start rolling out the new product later this year. The New York Times has an article that said, “Starting this summer, the wallet will be available on the Nexus S 4G phone on Sprint and be able to hold certain MasterCards issued by Citibank. It will also hold a virtual Google Prepaid MasterCard.”
This technology has been in the development stage for a while. There have been many hurdles to overcome to bring electronic wallets to the consumer. Google is the company that beat everyone to the punch. Good for you Google.
A lot needs to happen before the Google wallet will become mainstream. Remember how long it took for people to use ATM cards ? You can expect the same thing with this new technology called near-field communications.
Besides credit cards the wallet can hold other things. For instance, how about your airline boarding pass. Airline boarding passes can already be downloaded to your phone. At certain airports all you have to do is show your phone, the information is scanned, and you’re on your way. Fast, smooth, and hassle free, hopefully. How would you ever get through airport security if your phone failed? (it would probably be a wise thing to print a paper boarding pass as well)
So far there hasn’t been an overwhelming response to the cell phone boarding pass. Occasionally you’ll see someone use one of these passes, but it certainly hasn’t gone mainstream. Usually its the younger crowd who like to try new tech goodies. It’s something to look forward to if you like technology. The technology isn’t going to be here tomorrow, but look for it coming to a cell phone near you, soon.