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06 Dec 2011 11:23

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Tech: Verizon blocks Google Wallet on “security” concerns

  • Read: Google’s product is competing with our product. Google Wallet has drawn a lot of attention in recent months for its end-to-end reinvention of the paying experience — one that, if it takes off, could make carrying around credit cards a thing of the past. However… the first phone on Verizon’s network that could support the technology behind Google Wallet, the Galaxy Nexus, has the software disabled. The company says they’ve blocked it in an effort to provide “the best security and user experience.” However… Verizon is working with AT&T and T-Mobile on a competing service, Isis, which has yet to launch. Perhaps that’s it? Yeah, we think so. source

19 Sep 2011 20:03

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Tech: Google Wallet opens, but the odds you can actually use it are slim

  • good Google has both Visa and MasterCard on board for its next-generation digital payments system, meaning they have a built-in infrastructure.
  • bad While that infrastructure — in the hundreds of thousands of retail outlets — is pretty big, Visa and MasterCard reach tens of millions of retail outlets.
  • worse In the short-term, only one network — Sprint — sells a device that’s actually compatible with Google Wallet. Own a Sprint Nexus S 4G? You’re in luck. source