google wallet jeroen barendse. overview how does it work? where can i use google wallet? current and...
TRANSCRIPT
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.” <http://
online.wsj.com/article_email/SB10001424053111904
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