Google Wallet

Google Wallet, the mobile payment platform that Google launched in May 2011, has had a very tough time lately, facing serious security problems, carrier rejection, and an unexpectedly strong competition from PayPal. The latest update on Google Wallet is a classic good news/bad news scenario – the fledgling mobile payment system received yet another painful blow, this time from the inside, but is still inching forward, with the acquiring of TxVIA, a small, but well-established payment processing company. Let’s discuss this mixed bag of  news on Google Wallet and try to find out if the mobile payment system has a…

Google-Wallet-is-Coming-and-Cant-Be-Stopped

“Make your phone your wallet” is the popular tag line used by Google to entice consumers to use Google Wallet, its digital payment system. Is “Make your phone your bank” the next step in this technological rat race? Imagine a future where employees receive their paychecks by swiping their phones over an NFC (Near Field Communication) sensor on their way out of the office, where getting on a bus involves pointing your phone at a machine, and paying for lunch implies a swipe of your smartphone, and maybe a review on yelp.com. On the flip side, that’s also a future where late-night muggers…

google-wallet-cracked

Recently, a zvelo senior engineer discovered a “significant security vulnerability” on Google Wallet. This discovery revealed the PIN numbers of its users. Considering that this app dealt with an individual’s finances, zvelo felt it was their responsibility to alert users of the mobile payment app. By posting their findings on their blog, zvelo did exactly that. In addition to this, they also posted a demo video on what the issue would do. Thankfully, Google has already been notified of this and they have responded that they are working on a fix for the bug. “The zvelo study was conducted on…

galaxy-nexus-google-wallet

Back in December, we reported that Verizon was blocking Google Wallet on the Galaxy Nexus. This left Sprint Galaxy Nexus users to gloat about making the feature available on the device. However, the app is no longer limited to Sprint users anymore. Google Wallet is now available being offered by AT&T for either Nexus S 4G or the GSM Galaxy Nexus. If you have the AT&T device, you can simply visit the Android Market and get the app you need. Now you may be wondering if the app will be available on Verizon contract holders, the answer is yes. However,…

market-loophole

From time to time, Google complies with carrier demands that, unfortunately; censor applications that would circumvent certain restrictions that are being imposed by the carriers – even if such restrictions have already been made on some of Google’s own apps, like the Google Wallet application. But sometimes, a few smart developers are able to find other ways to install these apps from the market (you can do it anyway if you’re rooted). It might not last too long, so use it while you still can. Apparently, someone did it again and found a loophole for downloading any type of carrier-blocked applications…

google-wallet-at&t

Well, isn’t this a surprise? It looks like one of the main backers of Isis, the carrier owned mobile payment service, is finally allowing Google Wallet on its NFC phones. The truth is this shouldn’t have been a surprise in the first place. Google Wallet should’ve been allowed from the beginning, otherwise this is a dangerous precedent for carriers if they get to “vet” what kind of applications are allowed on the market. It’s especially more dangerous if those apps are supposed to compete with one of their own services. I think NFC is a revolutionary technology, and if the…

android-permissions

Just last week, a report by ViaForensics said that Google Wallet was writing the history of user transactions to unencrypted database files. While we thought the issue was over, VF once again discovered another Android imperfection—apps performing various things like providing shell access to its remote user! The worst part about this flaw is that it does not ask for any permission from its user. Generally speaking, once you download an app, you are giving it permission to perform a number of things. But there are some very simple apps that actually do some unseemly tasks. Adding to the fact…

panasonic

After its unplanned silence for almost 6 years, Panasonic has returned with a kick! With its return, plans of re-launching a new breed of mobile phones are being brewed for Europe. According to this Japanese manufacturer, their very first ‘global’ smartphone is expected to be launched next year. The target date for the release of this new handset is in March 2012 in Europe before being released in the US, China, and in other Asian countries. When asked about its features, the only thing they can affirm now is a 4.3-inch OLED dustproof and waterproof screen. With regards to its…

Google Wallet

With the anticipated launch of the Galaxy Nexus from Verizon, it can only be expected that interested parties will be eager to find what sort of applications will be available on the device. Unfortunately, Verizon has requested Samsung to block the ability of mobile payments through the highly useful Google Wallet app. When asked why, Verizon refused to further comment on this unexpected turn of events. Hours later, much talk has been exchanged about this decision. Fearing that this is one feature that will disappoint its users, Jeffrey Nelson (a spokesman from Verizon) said that the company will ‘not be…

google_wallet_vision-e1306430491380

If you have the same wallet as George Costanza’s (a character in Seinfeld) in the Google Wallet teaser video that Google released last month, it’s time to say goodbye to your fat, overcrowded wallet and let your phone takes it place–possibly today, as the search giant has been rumored to launch Google Wallet today. TechCrunch posted a leaked image of documentation sent around to Google Wallet partners such as Macy’s, Subway, Walgreens, Toys R’ Us, and American Eagle, stating a September 19 launch date to introduce Near Field Communication (NFC) transaction technology nationwide. Incidentally, the launch date also coincides with…