Google Wallet also gives merchants the ability to highlight special offers or discounts from their websites or emails directly to the shopper via the app. As far as the user's bank is concerned, the transaction is identical to any other debit or credit, only the transactions go exclusively through Google rather than the merchant's point of sale. Google, however, is retooling its wallet to take advantage of their more flexible and open system. While there is no way to predict which virtual wallets will endure, there's a good chance Google Wallet will be one of them. According to Business News Daily, Google is discontinuing the processing of payments for certain digital goods such as e-books, subscriptions, online games and music. Swansea City FC Swansea City's comeback kid Matt Grimes signs long-term deal as Leeds United nightmare well and truly put behind him He had barely played for the club in three-and-a-half years before this season. Google pioneered NFC technology years ago, which allowed users to pay with a mobile device at a point of sale using a secure, short-range signal.
With Google Wallet, you can forget about carrying plastic cards with. If Google+ is still a little too testosteroney for you, here you can look up some female Plussers to This makes it good for newbies, although we're looking forward to.
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Local News People are worried about the effect of a Merthyr housing development on cancer patients Merthyr Tydfil Housing Association wants to build 12 homes near Cancer Aid in Dowlais. By Adam Hale, Press Association. It acts somewhat like a gift card: Assuming the merchant's point of sale is configured to accept Google Wallet, transactions work the same as any other accepted payment method.
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The Times points out that the reason virtual wallet adoption is still fairly low is because debit and credit cards have almost universal acceptance with merchants and customers. Customers simply click to buy something and all of their payment info is already entered into the wallet.
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Electronic wallets look to sidestep these concerns by streamlining the mobile payment process via a secure service.
The Google Play Store is full of wonders, but many of its apps remain undiscovered because they're not eye-catching enough, not PR-friendly.
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Transactions take place between Google's servers and the merchant's existing payment processor.
Most of them, like Samsung Pay, can only process offline purchases and PayPal Wallet is not widely supported. How does Google Wallet stack up to other options?
What is Google Wallet and what does it mean for ecommerce BigCommerce
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