Google Wallet has announced that it will be giving consumers $10 to spend through its new NFC mobile payment service in the hopes to encourage its use, as it has – so far – had a slow start. According to the official blog of the company, “We’re excited to give you a chance to try out Google Wallet and experience paying with a mobile phone.” Google aims to offer this opportunity to customers at select retailers in five American cities ahead of the holiday season. Those cities are: Los Angeles,…
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Radio Shack poised to begin accepting mobile payments through Google Wallet
Radio Shack has announced that it will be one of the first retailers that will be taking advantage of the latest mobile payment technology being offered through Google Wallet. This announcement follows a press conference made by Google in June, when it divulged its new partnerships with credit card companies and banks that would bring near field communications (NFC) payments to phones running on their Android operating system. The start of the service was through the Nexus S phone, but NFC will be a part of all future Android phones,…
Read MoreGoogle Wallet claims to be safer than traditional payment methods
Digital wallets are becoming more popular amongst the tech-savvy. The idea is to store all of your financial data on your smart phone or other mobile device. Using NFC, you can make payments with a wave of your device. The concept seems to have an inherent danger, as anyone could steal the phone like they would steal a credit card. However, several financial and mobile security experts say that digital wallets are actually safer than physical ones. This may be good news for Google as the company begins to release…
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