When the electronic cards were introduced to the masses people started to carry less cash and to pay for staff with the electronic cards. Nowadays there is another big step towards the reduction of the cash that we carry with us for payments. The Google wallet is the next big thing that was introduced in September by Google. Most of the people are not aware of it, how it works or how they can benefit. However, that doesn’t mean that very soon will not make the impact that is expected to do.
If you haven’t heard about it you need to know that google wallet is Android app that is designed to function as a payment tool. The idea is to store all of your credit cards in one application and to pay with it whenever you need to do so. In addition in you can save all the discount coupons and cards that you use when going for shopping. The payments will be done by simple tapping the phone on the retailer`s MasterCard Pay Pass electronic reader.
Sprint, MasterCard and Citi bank are chosen as initial partners in the initial period. MasterCard needs to share its payment network, Sprint as initial mobile carrier and Citi Bank serves as an issuing bank. The list of merchants that accept google wallet as a payment method is growing with a fast pace. The list of companies that accept Google wallet includes companies such as Toys “R” Us, Walgreens, Subway, The Container Store, Macy`s, RadioShack, Foot Locker, Jamba Juice, American Eagle Outfitters and Bloomingdales. For the time being you can buy with the help of this method only in United States and of course from the listed companies only.
accept google wallet
Considering how much people rely on their smartphones and how much the industry has grown and it keeps on growing it is expected the Google wallet to grow with it. In the beginning is expected to be widely accepted by the younger generation that is more familiar with the smartphone technologies and uses apps on a regular base. Once they realize the benefits of this app and start using it on a daily base others will follow. All in all according to many technology experts and critics this is something that will surely find its place in the near future. And once they do so the experts strongly believe that the rest of the world will follow.
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