The company that developed the world’s most powerful and versatile search engine has teamed with Citi® MasterCard® , accepted world-wide, and Sprint™to put a world of power and choice into the hands of the people.
Google recently announced both the launch of “Google Wallet” in test markets this summer as well as plans for rapid expansion.
The new application is exactly what it’s name implies, a wallet. Its purpose is to make your life simpler and more organized. The Google Wallet application has the ability to store just about everything you would normally find in your wallet or that you would need for checkout at your favorite retail location, and that storage is much more compact and organized. Everything from credit cards to coupons can be stored and accessed through Google Wallet, and plans are that in the future Google Wallet will be doing even more, like storing tickets for sporting events or concerts.
Using your Android™ phone, initially a Nexus S 4G but soon to expand to more phones, it is possible to make purchases wherever MasterCard’s PayPass® technology is accepted by just tapping your phone on the point of sale terminal sensor. Not only is the near field technology (NFC) housed in your Android phone and accessed by the Google Wallet application able to combine and allow you to make purchases, but Google Wallet has the ability to allow you to use coupons, gift cards, and local savings offers. Imagine upon checkout from a retailer, accessing your special offers to receive valuable savings without having to search through a messy pile of paper coupons!
Besides Citi MasterCard, Google Wallet can immediately be used in conjunction with a pre-paid card offered by Google. The company plans to expand the ability to use other credit cards in the near future as more banks are brought on board. This, of course, will mean that even more retailer merchants will accept payments made suing Google Wallet.
Technology is great and sure makes our lives easier, but aren’t there risks involved with storing all your credit card or other sensitive information on your phone. The developers of Google Wallet have built in safety measures that include both an application specific PIN and a separate chip within your Android phone on which your encrypted information is stored. That means memory associated with the Google Wallet application is completely, physically separated from your phone’s memory for items such as contacts, messages, videos, photos, and the like.
Year after year, Google’s addition of exciting new options has continued to take the company way past the status of just being the world’s most powerful search engine. This summer’s addition of “Googling it” with Google Wallet gives you power to take care of purchases, bills, and other financial obligations in the most convenient and flexible way possible so you have more time to relax and enjoy the sunshine.

