1 / 12

Google Wallet: The Future of Convenience

Google Wallet is a smart phone application transforming in-store purchases by offering multiple card compatibility, security features, and seamless transaction experiences. Discover its strengths, weaknesses, competition, and potential impact on the market.

kynan
Download Presentation

Google Wallet: The Future of Convenience

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Wall Street Journal Katherine Boehret JJ Reisnaur Karah Ambrose

  2. What is Google Wallet? Smart phone application that allows users to make in store purchases from the convenience of their phone .

  3. Sprint Wireless Nexus S 4G phones • All in one device Multiple credit cards

  4. Compatibility • MasterCard • Google pre-paid card • Store loyalty cards/gift cards • Eventually: Visa, American Express, and Discover cards

  5. Strengths • “Delightfully easy to use” • Convenient • No transaction fees • Secure: PIN required • Sleep mode

  6. Online coupons transferred to Google Wallet • Set a limit • Current Balance • See locations where accepted on map

  7. Weaknesses • What if your phone dies? • Visa, American Express not included, yet • Only compatible with stores that offer MasterCard pay pass

  8. Only compatible with one phone, on one network • Doesn’t completely dispose of wallet

  9. High rates of cell phone theft/loss in America

  10. Competition • Cloud (PayPal accounts) • Visa (PayWave) • Square (Free Android and IPhone App) • Sprint: 53.4 million customersVerizon: 108.7 million customersAT&T: 108.3 million customers • Japanese innovation

  11. Think about it…. • Would you trust your phone to hold ALL your account information?

  12. References • http://online.wsj.com/article/SB10001424053111904194604576582832937357862.html • http://en.wikipedia.org/wiki/Sprint_Nextel • http://en.wikipedia.org/wiki/Verizon_Wireless • http://en.wikipedia.org/wiki/AT%26T_Mobility

More Related