Friday, November 2, 2012

Physical Google Wallet credit card reportedly coming soon

Google may soon drop a bombshell on the mobile commerce world as a report surfaced Thursday the company is preparing to launch a physical credit card.
Dubbed the "Google Wallet card," this piece of plastic is for those times users can't (or don't want to) tap and pay.
It will work just like a regular credit card anywhere major credit and debit cards are accepted.
The news comes from an anonymous tipster who gave Android Police the heads up that he had already received a confirmation email for his card.
Cut up the othersAccording to the Google Wallet cards set-up instructions, users can add credit and debit cards to the Google Wallet app, then use any of the
cards to make purhcases by using the Google Wallet card.
All users need to do is swipe their Wallet card and their default payment card in the Google Wallet app will get charged.
Whenever users want to switch to another card, they can simply select a different one through the app.
All cards - except Google's - can stay at home.
Swipe and swap it with ease (Credit: Android Police)
The card can be ordered through the Google Wallet app and sent to recipients' addresses, as was the case with the tipster.
Access to exclusive offers is also available and deals are instantly redeemable. If the card is lost, all a user needs to do is cancel their Google Wallet card - not every card they own.
Big surprisesThis may very well be the service Google recently opened sign ups for, though the "next version of Google Wallet" seemingly suggested the app would soon open to more devices, including iOS products.
However, it could all be part of a huge Google scheme to conquer the mobile (and beyond) commerce world.
While a physical card steals the lede, other new features are reportedly on the way as well.
More features are in the offing (Credit: Android Police)
A "Wallet Balance" feature looks like it will let users deposit and withdraw funds while a person-to-person money transfer feature is also coming.
There's also compelling evidence a transit card is part of the new Google Wallet package.
Whether the card and new features will extend beyond the U.S. isn't yet clear, but all this could make carrier approval obsolete for everything but tap payments.
A Wallet card would let owners of iOS and Windows Phone devices utilize a non-NFC version of the Google Wallet app, too.

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