Some of the biggest names in technology are working to increase market shares of the growing mobile payment sector. One of the most aggressive of these firms has been Google with its Google Wallet, a mobile credit card processing system.
And while some have been underwhelmed by the number of phones that can implement the system, the brand has been trying to infiltrate the market with new deals. ZDNet reports that the technology company has signed deals to provide its wallet platform on Galaxy Nexus, LG Viper 4G LTE and the LG Optimus Elite.
Some still question how well the platform is working on a day-to-day basis.
“The obstacles Google Wallet and other mobile payment system must topple are real ones,” writes Ricardo Bilton, in an article for ZDNet. “To offer a purely anecdotal and personal example, I own a Nexus S, the first phone to feature support for the app, and I’ve never really even considered using the device to pay for anything. This wasn’t out of some Luddite-esque disapproval or paranoia: I just forget that Google Wallet exists, even though it’s on my phone (and I can’t uninstall it).”
Google and another firm, PayPal, have been grabbing headlines overseas. TameBay reports that the two companies are lobbying against a vote from the European Commission to back a joint venture of Vodafone, O2, T-Mobile and Orange.Back To Blog