Friday, March 28, 2014

Google Wallet Revolution Is Here

By Cornelius Nunev


Near-field communication (NFC) technology allows the consumer to wave their cell phone at a point-of-sale terminal to make a purchase via the use of a "digital wallet." One of the fast-growing instances of the digital wallet is the appropriately known as Google Wallet, but it pays to know just a little bit about how it works before you dive in to the cashless (and cardless) retail revolution.

Set up a free account

To start, go to the Google Wallet site to set up a free account. Then, download the Google Wallet app to your compatible mobile phone. Connection your credit and debit cards to the account, and designate a preferred card. Then you can use Google Wallet to pay at stores where hardware that can accept digital wallet payments is present.

Account figures in your phone

A virtual MasterCard account number is given to any person who utilizes Google Wallet, and typically that is the number that is charged. Sometimes, when used offline, the preferred card is charged later instead, but typically the master number is used. You can connection any card you need to your account from any card maker. When you make an online purchase, you choose the preferred card you need right then and there.

All account data is stored with the master number rather than on the phone. Then, if your phone gets stolen, you can have every little thing wiped remotely and have Google Wallet deactivated. This keeps all your personal info from getting stolen by thieves.

Leaving without your charge card

Rather than carrying around an enormous wallet full of all kinds of credit and debit cards, you can use Google Wallet. Most people can leave the wallet at home and just take a phone with them in the future. Soon, your driver's license and other things will be digitized too, most likely, making it much easier very soon to avoid a wallet altogether.




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