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    Google Wallet

    News about Google Wallet.

    Google confirms Wallet Card termination

    April 1st, 2016

    Google has confirmed that it is to terminate its Wallet Card on June 30. “Moving forward, we want to focus on making it easier than ever to send and receive money with the Google Wallet app,” the company says. Reports that Google was to end support for the physical card emerged earlier this week following an app teardown by Android Police.

    Google to terminate Google Wallet Card

    March 29th, 2016

    Google will terminate its physical Google Wallet Card on June 30, an app teardown from Android Police reveals. “Google will continue all operations with the Wallet Card through May 1,” the publication reports. “This won’t impact the Google Wallet app or any accounts, since they will continue to be useful for sending and receiving money from other users. Balances can be withdrawn at any time. No reason has been given for terminating the physical card.”

    Apple Pay tops US merchant mobile wallet requests

    March 4th, 2016

    Nearly half of US point of sale merchants (44%) are using or have requested information about mobile wallet solutions and 67% of those wanted Apple Pay, an investor note by Piper Jaffray analyst Gene Munster reported by Barron’s reveals. “That figure dwarfs the 18% that requested Android Pay/Google Wallet, 8% for PayPal and 7% for Samsung Pay,” the report adds.

    58% of millennials prefer friends to pay cash

    March 3rd, 2016

    Nearly six in ten US millennials (58%) say cash is their preferred way of paying and being paid by friends, followed by P2P payment apps (26%), cheque (8%) and electronic bank transfer (8%), GOBankingRates reveals. Of the 26% who chose P2P payment apps, 11% prefer PayPal, followed by Venmo (6%), Google Wallet (5%) and Square Cash (4%).

    Google Wallet adds P2P transfers via SMS

    December 11th, 2015

    Google Wallet users will soon be able to send money to anyone in their contact list using just a phone number. “When you send money to a phone number, the recipient will get a text message with a secure link,” Google writes in a blogpost. “They can simply enter their debit card to claim the money and it will be available in their bank account within minutes.” Google relaunched and repositioned Google Wallet as a P2P payment solution in September 2015.

    Israeli bank adds NFC ATMs

    November 12th, 2015

    Customers of Israel’s Bank Hapoalim can now withdraw cash from ATMs using their NFC mobile phones at the bank’s newly opened digital branch. “Customers can open their app, pick an amount to withdraw and even select what denominations of banknotes they want even before they leave the house,” The Jerusalem Post reports. “When they pass the ATM, they use the same no-contact technology behind Apple Pay and Google Wallet to retrieve their cash.”

    US consumers vote for banks to keep payments safe

    October 30th, 2015

    An “overwhelming majority” of US consumers (75%) say they most trust banks to keep their payments safe, an American Bankers Association survey has found. 4% most trust alternative payment providers such as PayPal and Venmo while only 1% most trust major retailers or telecom companies. 6% of US consumers have used a mobile app to make a payment, the survey found, with PayPal most popular (45%) followed by Apple Pay (42%) and Google Wallet (11%).

    Android Pay signs up “millions” of users, readies loyalty programs

    October 27th, 2015

    Android Pay has signed up “millions” of users since its launch in the US in September 2015, Google’s Sridhar Ramaswamy has told attendees during his keynote at Money20/20. He also announced that single tap loyalty rewards are set to go live at NFC-enabled Coke vending machines in the next “few weeks”. More

    Poynt raises $28m for smart POS terminal

    October 23rd, 2015

    Poynt, the POS maker founded by former Google Wallet lead Osama Bedier, has raised US$28m in a Series B funding round and announced that it has gained PCI PTS, PCI DSS and EMV certification for its device. Poynt Smart Terminals will run the PoyntOS open platform and include support for third party apps as well as mag stripe, EMV, NFC, QR and Bluetooth beacon transactions.

    80% of Brits have used alternative payment methods this year

    September 17th, 2015

    Eight in ten UK consumers with bank accounts have used an alternative to traditional cash and plastic cards in the last 12 months, research by Gocompare.com has found. 4% have made an NFC mobile payment,… More

    Google launches Android Pay in the US

    September 10th, 2015

    Google has begun rolling out its Android Pay mobile payment platform across the US today. In-store NFC mobile payments using the system will be possible at more than one million locations within the next few days, with in-app payments and loyalty expected later this year.  More

    Google repositions Wallet app

    September 10th, 2015

    Google has relaunched and repositioned its tap-and-pay Google Wallet app as a peer-to-peer payment solution ahead of the expected rollout of Android Pay later this month. “For now, two versions of Google Wallet exist in the Google Play… More

    Google Play adds Android Pay option

    September 1st, 2015

    A new update to the Google Play services app could let users select between Google Wallet and Android Pay under a ‘Tap and Pay’ option. “The only problem is this feature has to be turned on by Google before it becomes accessible,” Android Authority reports. Android Pay is expected to launch “soon”, according to a tweet from the official Android account.

    MCX member Rite Aid to accept Apple Pay and more

    August 12th, 2015

    US pharmacy chain Rite Aid, a member of the MCX retailer-owned mobile payments consortium, will accept Apple Pay and other mobile payment services in its stores from August 15, following its decision to stop accepting… More

    Apple Pay gets 98% satisfaction rate for in-store purchases

    August 11th, 2015

    Apple Pay has gained a 98% satisfaction rate among those that have used the mobile payments service to make an in-store payment in the US, Auriemma Consulting Group’s Marianne Berry has told NFC World, adding that… More

    US shoppers eye mobile wallet availability

    July 15th, 2015

    More than half of US shoppers (54%) would use a mobile wallet if it were accepted everywhere and 20% would stop carrying traditional wallets if mobile payments were accepted everywhere, research from Blackhawk Engagement Solutions reveals. In a survey of 2,500 consumers, 85% use PayPal, 24% use Amazon, 23% use Google Wallet and 19% use Apple Pay.

    Mobile tickets launch for Houston buses

    July 2nd, 2015

    Bus users in Houston, Texas will be able to pay for and display tickets on their smartphones after the Metropolitan Transit Authority signed a contract with mobile ticketing specialist GlobeSherpa. “It would take 60 to 90 days to unveil the first phase,” the Houston Chronicle reports. “A second phase would enable riders to … pay with online tools such as Apple Pay and Google Wallet.”

    Twin Peaks offers mobile payments with MyCheck

    June 19th, 2015

    US sports bar chain Twin Peaks will offer mobile payments through an integration with MyCheck at its locations in August. “The new Twin Peaks mobile app will allow customers to view, split and pay their bill using Apple Pay, PayPal, Google Wallet, debit or credit cards, order additional menu items and access exclusive rewards and special offers only redeemable in the app,” MyCheck says.

    Almost one in six US consumers are using mobile wallets

    June 17th, 2015

    Almost one in six US consumers (15%) have used a mobile wallet in the past six months, up from 9% in the same period in 2013, and an additional 22% are likely to adopt mobile… More

    White paper helps banks compare NFC mobile payment solutions

    June 12th, 2015

    A one-stop guide aimed at helping banks and financial institutions that want to deploy NFC mobile payment solutions, but are unsure about the right route to market, is now available to download from the NFC… More

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