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Google takes control of your money

by Jenna Mc

After months of testing Google Wallet is finally available, well at least to android phone users anyway.

We discussed Google’s mobile payments technology back in July when it was being tested in America. But now users will be able to review Google’s answer to hassle-free payments.

The system should work throughout the world anywhere there is a Mastercard PayPass sign provided the user has loaded prepaid card details on their phone. Google has teamed up with CitiCard in the US so that customers can load their credit card details onto their phone and simply wave it at the reader or tap their phone to make a payment. Google also have a prepaid virtual card which you can top up online and are giving American early-adopters their first $10 free.

In the USA users can use the technology in stores such as Bloomingdales, McDonalds, 7-Eleven, Best Buy, Foot Locker and BP. In the UK the readers can be found at Tesco, Boots and Burger King.

So far Google is focusing its marketing efforts in San Francisco and New York and drumming up interest with the YouTube video below featuring Seinfeld character George Costanza, who was known for his giant wallet which he stuffed with coupons and receipts until one day it exploded.

So we’re just waiting for contactless payment technology to catch on in the UK now. Google will first have to announce a banking partner in the UK and all that we need to do is make sure we have a phone that’s enabled, it’s a shame my contract isn’t up for renewal for another 2 years.

The iPhone 5 is rumoured to be enabled for Google Wallet as it Google’s next Nexus phone.

Do you have Google wallet yet? Do you want it? Or will our checkouts queues just be held up with people frantically waving their phone about in the air? Let us know how successful you think the technology will be.

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