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Wireless

Google may share m-wallet revenue with carriers - report

Thursday 22 March 2012 | 10:54 CET | News
Google is re-thinking its strategy for its Google Wallet mobile-payment system following slow adoption and the departure of two key managers, writes Bloomberg citing people with knowledge of the project. One of the two original creators of the Google Wallet software, Jonathan Wall, left Google this month to start his own company focused on mobile shopping, Tappmo. Lead product manager for Google Wallet Marc Freed-Finnegan also departed to join Tappmo. The company is weighing sharing revenue with mobile operators such as Verizon Wireless and AT&T to get them to embrace its m-payment

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Categories: Mobile & Wireless
Companies: Google / Sprint / Verizon
Countries: United States
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Comments

Google has been unable to make much progress with its wallet for two reasons. The first one – the shortage of compatible devices – is about to be resolved, as all major smart phone manufacturers will be releasing NFC-supporting phones by the end of the year. The other reason - the carriers' resistance (after all, they have their own wallet coming out soon), will be much more difficult to resolve. However, if persuasion doesn't work, Google can simply sidestep the unruly telecoms. For a closer analysis: http://blog.unibulmerchantservices.com/google-wallets-survival-strategy-bribe-the-carriers-or-sidestep-them.
Jay Gould @ 23/3/2012 - 23:26


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