GOOGLE WALLET Jeroen Barendse

OVERVIEW How does it work? Where can I use Google Wallet? Current and Upcoming features Current Restrictions Competitors Responses Practical Applications

HOW GOOGLE WALLET WORKS  The NFC Chip  MasterCard PayPass  Register a credit card  4 digit password

WHERE TO USE  Any PayPass location McDonald’s CVS 7-Eleven BestBuy  PayPass finder included

CURRENT AND UPCOMING FEATURES  Limited usage by credit limit  Time-out feature  Add loyalty and gift cards  Search for coupons

CURRENT RESTRICTIONS  Citi MasterCard  Sprint Nexus 4G phones  Phone must have NFC chip  Cannot hold identification

COMPETITORS RESPONSE  PayPal Cloud Wallet  Square Card Case

PRACTICAL APPLICATIONS  Ease of use  Phone addiction  Company card control  Identity theft increase?

SOURCE ARTICLE  “Googe mobile app aims to turn phones into wallets.” lMyQjAxMTAxMDIwMTEyNDEyWj.html?mod=wsj_share_