Having conquered everything from search engines to maps to cell phones, Google has now focused its collective attention on your billfold. Called simply enough, Google Wallet, the latest technology to come out of the Googleplex is looking to change the way we pay for just about everything.
How Google Wallet Works
In addition to paying for stuff, Google Wallet also keeps track of and syncs with Google Offers. These offers represent discounts and sales at various merchants offered by Google. And when you want to use a Google Offer, you can do so with a wave of your phone.
Now there are some significant limitations at present. First, Google Wallet only works with the Sprint Nexus S 4G smartphone. It will no doubt be available will other phones soon. Second, not every retailer accepts Google Wallet. You can find merchants near you that do with a map tool available on the Google Wallet website.
Finally, Google has taken steps to secure its virtual wallet. The software requires you to enter a four digit PIN that you set up. As a result, if your phone is ever lost or stolen, your Google Wallet should be protected.
Your Take on Google Wallet
So my question is what your think about this new technology? Are you ready to give your wallet over to Mr. Google? And finally, I’ll leave you with a funny commercial that Google and Seinfeld put together:
Published or updated March 22, 2012.