(Digital Marketing Agency, thesnsgroup.com)- World’s
renowned Google Inc. has announced of late its partnership with a host of
giant U.S. wireless carriers including AT&T Mobility, T-Mobile USA and
Verizon Wireless to pre-install its electronic payment service, called Google
Wallet, on phones, as the companies looks to counter Apple’s latest entry into
the nascent market for mobile payments.
The no.1 search engine firm has also acquired
technology from Softcard, a mobile payment initiative created by many of the
wireless carriers years previously.
“The Google Wallet app stores a consumer's
credit or debit card information and allows shoppers to pay for goods by
tapping their phone against a special terminal at a retail store's checkout
counter.” cited Reuter.
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