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    Google to intro real bank cards for online 'Wallet' accounts - Forum

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    Forum moderator: arya, dethalternate 
    Forum » untoten.reich » World News » Google to intro real bank cards for online 'Wallet' accounts
    Google to intro real bank cards for online 'Wallet' accounts
    rakshasDate: Wednesday, 07-November-2012, 8:35 PM | Message # 1
    -- dragon lord--
    Group: untoten Sorcerer
    Messages: 1416
    Status: Offline


    The world’s biggest search engine Google wants to make virtual accounts in Google Wallet service real. The Company plans to introduce plastic cards linked to its online payment system, which could in effect turn the engine into a sterling bank.

    The plastic synchronized with an account in Google Wallet will look like a normal bank card, allowing all kinds of payments, deposits, as well as money transfers. A smart phone with a Google Wallet account automatically saves all the information about purchases, as well as transfers the data about the state of the account.

    At the moment money from Google Wallet may be used through a smart phone that has a special chip using Near Field Communication (NFC) technology. Users can pay by presenting a smart phone to a NFC reader, and the Google Wallet card can be used in places that don’t have NFC readers and will help those who don’t have smart phones with an NFS chip.

    “The card makes payments more flexible. In the end, in the future one will be able to leave all credit cards at home and just take a smart phone and a Google Wallet card,” according to experts from Droid Life portal.


    untotenawake
    Read more/Full article/source - http://rt.com/business/news/google-wallet-banking-cards-146/


     
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