Friday, May 27, 2011

Google Wallet Review: Safe shopping or another lost electronic credit?

Have you heard of the new electronic banking Google just launched? Make your phone your wallet and all you need to do is tap your mobile phone to an electronic receiver during checkout. WOW!

What is Google Wallet?
.. It's another Google innovation. Using your mobile phone as your new wallet. Combining all the credit cards you put inside your leather wallet and make it electronic. Presently working with Citi, MasterCard, First Data, and Sprint.



Google Wallet is an Android app that turns shoppers’ phones into their wallets, making one-tap payments in-store quick and easy. It also brings together the best of online and offline shopping, which can help companies like yours get more business from more customers—and spend less money doing it.
- Google -

Is Google Wallet Safe?
.. Every company won't say their product ain't safe. Questions just raise like what if "I lost my phone", "Someone hacked my gwallet", "low battery.. can't purchase", "give me your phone(then all the mugger needs is your phone to get everything)".

Check these comments:
"So now if someone steals my phone they didn't ONLY steal my phone, they practically stole my identity. Calendar, email, contacts and now bank account... lovely."
- lifeofageek

"Yeah the cash in my pocket is safe, you want google running your finances? They can't stop MY money with a keystroke."
- cjsoccer09

"I like how they talk about how exciting it will be but it is a lot of responsibility to manage millions of accounts and when something does go wrong they only have to pay one lawyer a small fraction of their profits to conceal and justify screwing someone over. Can you really trust someone who will spend their jail sentence in a mansion if they get busted for screwing you over?"
- sethsks

"Ever heard of blink? EXACT same concept minus using my phone, just tap your credit card on the machine."
- terminatorgir


.. If it is safe? Let's all wait, Google has the answers.

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1 comment:

  1. They have probably ensured of its security feature before releasing it. Even so, we have to be aware that there's nothing that can't be hacked.

    ReplyDelete