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Google Wallet

Discussion in 'BBS Hangout' started by Tfj4, May 26, 2011.

  1. Tfj4

    Tfj4 Member

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    Looks like it could revolutionize mobile payment...or like recent Google services could flop, either way exciting stuff for Android users.

    http://www.engadget.com/2011/05/26/google-wallet-mobile-payment-service-google-offers-announced/

    <iframe width="560" height="349" src="http://www.youtube.com/embed/gZGoXvzW4WU" frameborder="0" allowfullscreen></iframe>

    <iframe width="560" height="349" src="http://www.youtube.com/embed/5s9wYEkRAgs" frameborder="0" allowfullscreen></iframe>
     
  2. DonnyMost

    DonnyMost not wrong
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    More ways for my identity to get stolen, rockin :cool:
     
  3. Someguy1229

    Someguy1229 Member

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    So if you get your phone stole, people have access to all of your credit cards and such.......great.
     
  4. Ricksmith

    Ricksmith Contributing Member

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    I hope that app has finger print recognition or something before it opens up. Otherwise, it's a catastrophe waiting to happen. Cool idea though.
     
  5. tmoney1101

    tmoney1101 Contributing Member

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    That's one bad ass coke machine.
     
  6. DonkeyMagic

    DonkeyMagic Contributing Member
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    is this really that difficult to operate?

    [​IMG]
     
  7. liljojo

    liljojo Member

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    I don't have a smartphone. I'm starting to feel pressure.
     
  8. CrazyDave

    CrazyDave Contributing Member

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    enticing people with neat tricks in order to steal and sell more and more personal information?

    or

    awesome way to slim down what a person needs to carry around in today's modern consumer economy?

    I dunno, seems like a lot of potential snags and not that much payoff all in all, all while being pretty cool. Also, I guess if you have a debit/check card or have some "google prepaid" credit it's interesting, but otherwise you are putting sodas on your credit card? Lastly, is getting out your phone, unlocking it via code (because it now has all of your credit cards on there) opening the app, etc, really that much faster (or even more fun?) than just getting a $20 out of your wallet/pocket/purse?

    I'm lukewarm at best, I think.
     
  9. droxford

    droxford Member

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    Let's get America to use their credit cards for EVERYTHING. Even vending machines.

    What could possibly go wrong?
     
  10. Lil Pun

    Lil Pun Contributing Member

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    I use my debit card for those all the time at the mall and I enjoy it as I rarely carry cash on me.
     
  11. s land balla

    s land balla Contributing Member

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    Doesn't the same thing happen when your wallet gets stolen? :confused:
     
  12. Royals Ego

    Royals Ego Member

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    change is scary
     
  13. H-TownBBall

    H-TownBBall Member

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    I would guess most people under 30 already use plastic for everything. I only get cash when going out for drinks. In fact, I put everything on credit cards and pay off the balance every month. 2% cash back means a 2% discount on everything I buy (plus the cost of carry on the money staying in my bank account).

    It's not for everyone (have to know you will have the money to pay the bill at the end of the month), but it makes the banks work for me instead of the other way around.
     
  14. DonnyMost

    DonnyMost not wrong
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    Plus credit cards give you far more power in terms of merchant dispute and fraud protection.
     
  15. RoxSqaud

    RoxSqaud Member

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    Ahhh!
    [​IMG]:p




    :(
     
  16. csnerd84

    csnerd84 Member

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    Google wants to to get access to the financial transaction data for the user so that they can better understand what the user is shopping and hence provide more targeted ads. Plus I could see them selling this information to the individual businesses as aggregate data and charge them for getting access to this data.
     
  17. liljojo

    liljojo Member

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    Yep, only difference is you can't call your wallet when you cant find it.
     
  18. CrazyDave

    CrazyDave Contributing Member

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    Good on ya. Right, I didn't say I couldn't see appeal. I just said I was lukewarm at best about it. Your example somewhat falls into what I meant by debit/check card, I meant no exclusion.

    That said, I do like using cash. It's not for everyone. (Have to know you will have the cash to pay for things), but it makes things simple. If I were to use googlewallet I would probably get the prepaid google cards, and still use cash if I had enough on me for whatever it is.
     
  19. Dr of Dunk

    Dr of Dunk Clutch Crew

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    Near field communication payment systems won't be exclusive to Google, so if this, like so many of their other tools have, turns into vaporware or dies in beta, NFC will live on. There are several companies already using NFC systems worldwide in some way or another.

    Apple's iPhone will be getting NFC capabilities, as well.
     
  20. superden

    superden Contributing Member

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    what if your battery dies? big time trouble...
     

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