Thursday, August 2, 2012

Google Wallet Goes to the Cloud, Allows Use of All Credit and Debit Cards

If you have a phone that is compatible with Google wallet, you're in luck. Now you can add your own Credit or Debit cards so you can tap to pay more easily. The Service is also moving to the cloud for better security. Previously card information was stored on the device with no way to deactivate it if it was stolen. This may have been the reason that Google was not allowing folks to use their credit or debit cards, but those days are over. The service now stores your data in the cloud securely where you can deactivate devices, should one grow legs and walk away possibly leaving your money in the wrong hands. The app still uses the same 4-digit pin lock as before to secure itself.

You can now sync your payment methods across all your devices devices and keep track of in-store as well as online purchases right from the app. Right now it appears, that the only thing holding Google wallet back is the small number of compatible devices since AT&T, Verizon, and T-Mobile chose to invest in Isis which hasn't even launched full scale yet.

Right now if you want to pay for things with your NFC enabled phone you'll have to buy a compatible device from Sprint or an international model.

Source: Google via Engadget

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