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

Kim Holburn kim at holburn.net
Mon May 30 09:33:55 AEST 2011


On 2011/May/30, at 8:40 AM, steve jenkin wrote:

> 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?

Well they've got ebay and paypal worried.  That has to mean something.

> 
> * 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
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-- 
Kim Holburn
IT Network & Security Consultant
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