[LINK] Google Wallet: Will it 'fly'? Is it a good idea?

[steve jenkin]

Google announced "Google Wallet" and "Google Offers" around 26th May.

I've three questions around it:

 * will it do better than Microsoft's attempt? Can they make it fly?

 * Is it a good idea or a slippery slope to disaster?

 * What are the privacy, fraud & social implications?


The Zetawire patent it's based on:

"Secured Electronic Transaction System"
<http://www.faqs.org/patents/app/20090288012>


The Google website:
<http://www.google.com/wallet/vision.html>



A report of the launch:

"Google Unveils Wallet And Offers: An Open Platform For Mobile Payments"
MG Siegler, May 26, 2011
<http://techcrunch.com/2011/05/26/google-wallet-offers/>



A more critical view:

"Heads up: What to look for in Google’s NFC mobile payments announcement
By Sarah Clark | May 26th, 2011"

<http://www.nearfieldcommunicationsworld.com/2011/05/26/37692/heads-up-what-to-look-for-in-googles-nfc-mobile-payments-announcement/>

-- 
Steve Jenkin, Info Tech, Systems and Design Specialist.
0412 786 915 (+61 412 786 915)
PO Box 48, Kippax ACT 2615, AUSTRALIA

sjenkin at canb.auug.org.au http://members.tip.net.au/~sjenkin