Google Wallet: Doomed?
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One of the biggest new features of both Android 4.0 “Ice Cream Sandwich” and the Galaxy Nexus was improved support for Near Field Communication (NFC). One of the most touted applications for NFC technology was Google Wallet, a project to replace your debit card with your phone. Leveraging the NFC hardware in the phone and Android’s built-in authentication methods (such as facial recognition unlocking, new in ICS), Google Wallet was supposed to be a more secure way to pay at supported retailers.
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One of the biggest new features of both Android 4.0 “Ice Cream Sandwich” and the Galaxy Nexus was improved support for Near Field Communication (NFC). One of the most touted applications for NFC technology was Google Wallet, a project to replace your debit card with your phone. Leveraging the NFC hardware in the phone and Android’s built-in authentication methods (such as facial recognition unlocking, new in ICS), Google Wallet was supposed to be a more secure way to pay at supported retailers.
But the last few weeks have seen some very nasty press for Wallet, and a few reports have even started to ask if it’s already destined to fail. Between competition from carrier-supported NFC payment options and a rash of recent security exploits, things certainly aren’t looking good. Are the complaints against Wallet justified, or a overreaction? Is Wallet doomed, or just experiencing the natural growing pains of such an evolutionary technology? Full Story |
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