Skip to main content

Google Wallet: Tap Your Phone To Pay. PayPal Sues For Intellectual Theft

Earlier last week, Google unveiled yet another future innovative technology – Google Wallet. Google Wallet is an Android app that makes your phone wallet. In simple words, Google Wallet is a result of a partnership that will allow Google to have NFC (Near Field Communication) built in most of upcoming Android devices.

NFC is a wireless technology, which among other usages, will allow you to replace your credit card with your smartphone.

 

image

 

Because Google Wallet is a mobile app, it will do more than a regular wallet ever could. You’ll be able to store your credit cards, offers, loyalty cards and gift cards, but without the bulk. When you tap to pay, your phone will also automatically redeem offers and earn loyalty points for you. Someday, even things like boarding passes, tickets, ID and keys could be stored in Google Wallet.

To learn more about this technology and how it works, visit www.google.com/wallet.

This is a just a start to what Microsoft, Apple visualized many months ago. As usual, Google rushed into this and made deals with various companies. Apple is still watching and learning of better ways to implement NFC for the next generation iPhone.

After Google unveiled this tap to pay technology, PayPal struck back with a lawsuit alleging the service is the by-product of intellectual theft and betrayal.

PayPal alleges that Google obtained trade secrets from Osama Bedier, a former PayPal executive who is now Google's vice president of payments.

PayPal, which is owned by online auction site eBay, also claims in its lawsuit that Bedier was in job talks with Google at the same time as he was leading negotiations to make PayPal a payment option on Android. Bedier was hired by Google in January of this year and Google said it has not yet seen the complaint and won’t be able to comment until we’ve had a chance to review it.

Labels:

Comments

Post a Comment

Popular posts from this blog

Your Google Apps Account is Changing

Google is about to make more of its services available to organizations with Google Apps accounts. This is an early adopter phase, and all domains may not get this option to move to the new infrastructure. What this means for you: In addition to the core suite of messaging and collaboration applications, Google Apps users may now access many more Google services with their Google Apps accounts.     Those who are eligible for this early adoption, Google Apps administrator will be presented with the above banner to start with the migration. In your organization, you can transition selected pilot users and admins, or you can start the transition now for all your users. The transition for pilot users can be reverted if necessary. After successful transition, your users will now be able to use other Google popular products like AdSense, AdWords, Alerts, Analytics, Android, Blogger, Finance, Google Desktop, News, Orkut, Reader, Voice, YouTube (Full list here ). Als...
Post a Comment
Read more

How to Turn Your Android Phone into a Fully-Automated Superphone

What if your phone automatically went silent when you step into the movie theatre? Texted your significant other when you finished your long commute? Or automatically turned down the volume when a particularly loud friend called? It can; here's how. Android application Tasker gives you total rules-based automation for your Android phone. It's not free, but it offers a free 14-day trial download. Tasker can do nearly anything on your phone. It's mostly limited by your imagination. Here are some up-front ideas about neat automations that come to mind: • Set preferences for each application: Give the Kindle app a longer screen time-out. Make Maps or Foursquare automatically turn on GPS, and have a file browser launch when you trade out SD cards. Have your music and other audio apps lower the volume to 50 percent when you plug in headphones, so you never get a way-too-loud moment. • Time of day automation: Make your phone go into airplane mode overnight, but re-conne...
Post a Comment
Read more

Google Wallet: The Future Innovative Mobile Payments

Earlier few months, Google unveiled future innovative way of payment technology – Google Wallet. Today, Google released its first version of the Android app with Sprint Nexus S 4G phones through an over the air update. Google Wallet is an app that lets you pay for things using your phone, either by tying your credit card or gift or pre-paid cards. It works using an near field communication (NFC) embedded chip and there is no swiping required.   According to Techcrunch , Google Wallet will not work everywhere your credit card will. It won’t work everywhere there’s an NFC-friendly card reader, either. Wallet requires an NFC reader based on a new-ish specification, and only a select bunch of retailers have gotten around to updating. The post also had some great review and walkthrough in real life. This app is now available to Samsung Nexus S owners on Sprint, through PayPass sensors at Radio Shack, Foot Locker, Peet’s Coffee & Tea, Sunoco, CVS/pharmacy, etc. retailers. ...
Post a Comment
Read more