News - Google unveils mobile wallet initiative

[HEXUS]

The Google Wallet app is the latest entrant to the mobile money market.

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[cateee]

Many of us doesn't want to carry out cash. Near-field communication (NFC) technology permits the consumer to wave their smartphone at a point-of-sale terminal to buy through the use of a “digital wallet.” One of the fast-growing cases of the digital wallet is the appropriately called Google Wallet, but it pays to know a little bit about how it works before you jump in to the cashless (and cardless) retail revolution.

[Saracen]

Personally, I'm not a fan of NFC at all, and there are no circumstances whatever under which I'm using any sort of wallet facility provided by Google. Period.

Cash works just fine for me, so as long as it exists, I'll stick to it. But Google Wallet? Well, to use a different interpretation of the acronym, NFC.