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Google introduces mobile payment, service coupons

Google introduces mobile payment, service coupons

GoogleToday  introduced the Google Wallet and Google offer at an event in New York City.

The company says it plans to bring all parts of the retail experience together to create "the best shopping experience tomorrow," said Google Vice President of Commerce for Stephanie Tilenius.

The Services will combine coupons and discounts and payment when people buy goods through their phone. Wow fantastic.

Joint service would work like this: Coupon for items you buy regularly will appear on your phone, or the item you are shopping outside the store will appear at the phone and let you buy goods online. When you go to a store cashier, you can wave your phone over the terminal, which will charge your card. While loyalty points with the merchant that will be added to your phone. Finally, acceptance will be sent to your phone.

The first phone will be able to perform the service this is the Android-based Nexus S, which has the NFC chip is made by the NXP. This can make payments via MasterCard PayPass system. This system uses NFC, or near field communication, technology. NFC chip technology is that, when placed in two different devices, allowing a small amount of data sent over a very short distance between them. This can include data such as credit card information, train tickets info, and bar code coupons. All Android phone of the future will contain the NFC chip, Google said today.

Google Wallet will not come out until this summer's official, but meanwhile it will be several local trials in San Francisco and New York City before it developed into more cities. Retailer of the first participant will Macy's, Subway, Walgreens, Toys "R" Us,, Bloomingdale's, Guess, and Noah's Bagels. For payment service, Google is partnering with Sprint, MasterCard, Citi, and FirstData.

Google Wallet will support multiple cards, Citi and Mastercard, and prepaid cards are funded by credit card. Further card brands will come, according to Telenius. Google says loading the card in the phone is safer than physical wallet thanks to smartphone password and encryption on the phone.

Google also introduced, a daily transaction services to be delivered to customers in an e-mail or telephone. As the payment system, to redeem this coupon customers can show the cashier at the store or tap their phone to pay.