It may not be as big a surprise as Google hoped it would be at this point, but the company has now officially announced its NFC-based Google Wallet mobile payment service, complete with backing from a number of retail and financial partners including Subway, Macy’s, Walgreens, Toys ‘R Us, First Data, Citibank and MasterCard — plus Sprint on the carrier side. In the case of MasterCard, that partnership means Google Wallet will be fully compatible with the PayPass contactless payment system that’s already widely in place. Trials are beginning immediately, with a full release planned for this summer — initially, it will only support the Sprint Nexus S 4G, but support for more phones is promised “over time.” What’s more, as far as Google is concerned, mobile payments are just the beginning for Google Wallet. It eventually sees everything from boarding passes to tickets to IDs to keys being stored on your phone.
Also announced is Google Offers, which will deliver an “offer of the day” to your inbox, and let you seek out other offers from retailers. Of course, it also ties into Google Wallet, and you’ll be able to both redeem offers and receive loyalty rewards from retailers with just a tap of your NFC-enabled phone.
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Google Wallet mobile payment service, Google Offers announced originally appeared on Engadget on Thu, 26 May 2011 12:08:00 EDT. Please see our terms for use of feeds.