Despite the hype about mobile payment services, they still haven’t quite reached the level of being mainstream just yet. Google Wallet, for example, only functions on one type of smartphone, the Sprint Nexus S, and is only available to customers who have a Citibank MasterCard or Google prepaid card. However, Google is pushing that service a great deal more, having already recently announced that it will be replacing Google Checkout, which is being gradually phased out. That service is compatible with both online payments and in-store payments where the device…
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Google Wallet takes over for Google Checkout
Google has decided that it wants a single payment platform for both merchants and consumers. Consumers checking out from a mobile commerce website are now provided with the opportunity to use the new payment method. The Google Checkout service is now having its name changed to Google Wallet, so that there is only a single brand being used for customers who are shopping with merchants who accept online payments. Google Wallet is the new service provided by the company that is designed to allow mobile payment transactions to be completed…
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