by Al Sacco

Google Wallet Mobile Payments Coming Very Soon: What It Means for You

Sep 19, 20113 mins

Google is expected to make its NFC-based Google Wallet mobile payments service available today, and it is sure to change the way consumers pay for goods and services in the future. Unfortunately, only one specific smartphone will be supported at launch: the Google Nexus S from Samsung.

In late May, Google, MasterCard, Citi and a handful of U.S. retailers announced the upcoming “Google Wallet” mobile payments service, which will allow consumer to use select Near Field Communications (NFC) enabled, Android smartphones to pay for goods and services. And it looks like Google Wallet may officially launch today–though only one smartphone, the Google Nexus S, will reportedly support the service at first.

Google Wallet and the Google Nexus S Smartphone
Google Wallet and the Google Nexus S Smartphone

From a purported, leaked Google Wallet document, obtained by TechCrunch:

“Google Wallet is launching September 19, 2011. Google Wallet is a smartphone application (app) that allows owners of the Sprint Nexus S Android phone to use their smartphone as a wallet. This application or app will transform the way clients pay. Once Google Wallet is installed, the Spring Nexus S phone may be used as a contactless (Tap and Pay) device at all PayPass enabled merchant terminals.”

Google Wallet payment terminals have already been spotted at certain retailers, as well, including a Peet’s Coffee shop in San Francisco, which further suggests the service should launch in the very near future. (See image below.)

Google Wallet uses PayPass, a “contactless” payment service from MasterCard that lets its customers “tap” enabled credit cards, keyfobs and now, mobile phones, to compatible readers at payment terminals to pay for services. Google Wallet, which employs NFC and PayPass, will only work with PayPass-enabled Citi MasterCards and no other credit cards at launch, according to reports. And you’ll need a Google Nexus S smartphone running Android v2.3.4 (Gingerbread), to utilize Google Wallet.

Google Wallet PayPass Reader
Google Wallet PayPass Reader in San Francisco Coffee Shop

The news is significant, because it represents one of the largest and most high-profile uses of NFC for mobile payments today. NFC is also expected to become widely used in the coming years, not just for payments, but also for secure building access, employee attendance and tracking and much more. In fact, BlackBerry-maker Research In Motion (RIM), recently announced that its latest BlackBerry smartphones with NFC will soon be able to be used as secure access cards.

Google Wallet and other similar mobile payment apps will surely shine a new light on mobile security in general, as well, since more and more users will be storing sensitive payment information on their devices, and thieves will have more incentive to hack or steal them.

But it may take a while for the average consumer to be able to use Google Wallet or other similar services, since NFC requires a specific hardware chip and most modern smartphones do not yet support the technology. Google Wallet is also expected to be available only to Android users, at first, so other smartphone owners may not get access to this specific mobile payment service.

Learn more about Google Wallet, PayPass and NFC on MasterCard’s website.


Al Sacco covers Mobile and Wireless for Follow Al on Twitter @ASacco. Follow everything from on Twitter @CIOonline and on Facebook. Email Al at