Sunday, February 22, 2015

Google Wallet payment service will breathe new life ‘- Techzine

Google would want to revamp its payment services Wallet new life. Google Wallet is a payment where Google is working on for years but never really has been a success. Pay now Apple is a major success, Google would like to be more active with a payment. It would now consider Google Wallet to revive by actively working with banks, providers and smartphone manufacturers.

The Wall Street Journal reports today that Google is busy for a New version of Google Wallet to develop, this new version will present the Internet giant in May this year at Google I / O, Google developer conference. Google Wallet has been around since 2011 but despite all the efforts made Google wants it but did not get off the ground.

Google, unlike Apple full access to both the hardware and the software of a smartphone therefore the company would like to work with many different companies to Google Wallet to make a success. To attract these companies over the line, Google will have to pull the purse (wallet). Google would therefore intend to give partners a greater share of the revenues.

To use Google Wallet is the end user than a very small amount to pay transaction costs, but if you can process millions of payments all those small amounts add up significantly. The only question is what can tempt companies all Google earlier this week it was announced that Samsung has taken the Looppay payment service, Google this manufacturer can therefore already elimination. This Google fog immediately main manufacturer because although Samsung has a slightly less year behind us, it is still the biggest Android manufacturer.

The new version of Google Wallet would, moreover, in the same way as Apple Pay must work through NFC. Earlier this month, rumors surfaced that Google was working on a payment system with Square, where the user is required to give his initials.

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