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cool - they integrated Payments and Deals into a phone. Great. Will anyone use this? Not anytime soon. Right now they are integrated with one phone on one netw
by pitdesi 15y ago
cool - they integrated Payments and Deals into a phone. Great.
Will anyone use this? Not anytime soon. Right now they are integrated with one phone on one network with one credit card. (Nexus S on Sprint with a Citi Mastercard). The number of people that have that is pretty small, but then they also have to use it at a vendor which supports it. Google did a great job with this, partnering with Paypass so there is an existing vendor base already http://www.google.com/wallet/where-it-works.html… http://www.google.com/wallet/where-it-works.html… that being said, it just seems too complicated at the moment, and not a huge value add. I love Paypass already, and it's not that hard for me to knock my wallet onto the device. This doesn't really make it that much better.
We're really a couple of years off from broad-based adoption of NFC. The other thing is that Apple has a huge say in adoption. Some say the iPhone 5 won't have NFC. Even if it does, there is no guarantee that Apple will support Google Wallet right off the bat (See: Google voice - yes it's supported now but still crippled and it took a LONG time).
- flamingbuffalo 15y agoand, even if iphone5 has nfs, it's probably unlikely that apple would support google wallet instead of creating their own solution.
- cloudwalking 15y agoDo you really see Apple creating a deals program? They might integrate payments with iTunes account somehow, but unless they buy Square, I'm not sure they'll make a big push. And if the iPhone 5 does have NFC, I'm sure there'll be an app for Google Wallet.
- evgen 15y agoThere will be a Google wallet app only if Apple allows it, which is unlikely. A more likely path is that Apple will partner with someone like Intuit (whose former CEO and current board chairman sits on Apple's board) and merge NFC in with Intuit's GoPay system. If Apple wants to do to the mobile payment industry what it did to the music industry it will partner with Intuit and offer merchants a "business ready" iPad 3 that will act as a POS terminal and hook in to something like an iOS version of quickbooks. Give away the hardware as a loss-leader for the payment service and cut a lot of middlemen out of the system. Since Apple is already on the path to testing out iPad POS services in the Apple store they can refine the hardware/software and then roll out something that works well for both the user and the merchant.
- MatthewPhillips 15y agoWhat does it matter? They'll work with the same merchant machines, which means more merchants supporting NFS payments.
- ankimal 15y agoApple uses google maps on the iPhone, there is no reason why Apple couldnt do the same with wallet.