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

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Mobile & Wireless
Companies: Google / Sprint / Verizon
Countries: United States
::: add a comment


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

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Google demos 'Save to wallet APIs' feature of Google Wallet

Published 03 Jul 2012 12:02 CET | United States
Google demonstrated at Google I/O 2012 a developer-facing feature for Google Wallet called 'Save to wallet APIs' for payment ...

M-payments regulation under scrutiny in the US

Published 29 Jun 2012 10:15 CET | United States
The US government may need to modify existing regulations in order to keep pace with the rising use of mobile-payment systems, ...

Google Offers app available on iPhone

Published 20 Jun 2012 10:18 CET | United States
Google launched Google Offers app for iPhone to enable iPhone users to discover, buy and redeem Google Offers, as well as deals ...

Sprint plans to launch own NFC mobile wallet - report

Published 12 Jun 2012 11:03 CET | United States
US mobile operator Sprint plans to launch its own NFC mobile wallet as early as this summer, writes NFC Times citing sources. The ...

CorFire, edo partner on mobile payments

Published 31 May 2012 10:02 CET | United States
CorFire, the mobile commerce business of SK C&C USA and a provider of mobile technology products, and edo, a provider of ...

Google acquires TxVia to boost Google Wallet

Published 03 Apr 2012 10:22 CET | World
Google acquired payments technology company TxVia to complement its payments capabilities and accelerate innovation towards its ...

Google neemt strategie voor mobiel betalen onder de loep

Published 22 Mar 2012 08:42 CET | United States
Google zoekt naar manieren om zijn mobiele betaaldienst Google Wallet over het voetlicht te brengen. Het internetbedrijf zou een ...

Google Wallet payments accepted at Pinkberry stores

Published 20 Mar 2012 10:12 CET | United States
Google announced that its Google Wallet ecosystem was expanded with the addition of 69 stores of yogurt retailer Pinkberry. ...

Google adjusts Wallet security functions

Published 15 Feb 2012 11:33 CET | World
Google restored the ability to issue new prepaid cards to the Google Wallet. In addition, it issued a fix that prevents an ...

Verizon skips Google Wallet on Galaxy Nexus

Published 06 Dec 2011 17:06 CET | United States
Verizon has asked Google to not include its Google Wallet app on the upcoming Samsung Galaxy Nexus, the first phone to run ...

NFC-based m-wallet user base to hit 594 million in 2016

Published 24 Nov 2011 05:02 CET | World
Mobile wallets are coming, and while MNOs will provide the majority of NFC-based mobile wallets, their market share will erode ...

Google intros Google Wallet SingleTap experience

Published 19 Oct 2011 07:38 CET | United States
Google has launched the Google Wallet SingleTap experience at select US stores. SingleTap enables Google Wallet customers to make ...

Calendar   /   Industry Events

18 Oct Apple Event
19 Oct A1 Telekom Austria Q3 2021
19 Oct Tele2 Q3 2021
19 Oct Netflix Q3 2021
19 Oct Iridium Q3 2021
19 Oct Arm DevSummit
19 Oct Pixel Fall Launch
19 Oct Arm DevSummit
20 Oct Crown Castle Q3
20 Oct Verizon Q3 2021
20 Oct Elisa Q3 results
20 Oct Bango strategy day
20 Oct Samsung Unpacked Part 2
21 Oct AT&T Q3 2021
21 Oct Orange Belgium Q3 2021
21 Oct Telenor Q3 2021
21 Oct Intel Q3
21 Oct Telia Q3 results
21 Oct Snap Q3
22 Oct Doro Q3 results
22 Oct Ericsson Q3 2021
::: More Calendar Items