Network operators may be offered a cut of Google's Wallet as the Chocolate Factory struggles to find ways to get customers to embrace pay-by-bonk. Bloomberg has been chatting to "people with knowledge" who claim Google will offer financial incentives to Verizon and AT&T in the hope of getting them to join Sprint in offering …
The network operators should take the offer
I would never, ever, use a solution developed by the likes of AT&T.
Bribery, threats and need
Google to Devs- Use our payments system or else
Google to Carrier - Please use our payments system
Or dodge the carriers completely and rely on handsets in the store to make the transaction - Nexus branded or Wallet branded? But wouldn't that mean that instead of the carriers helping with the payment process everything would go back to googles servers to be approved and then OK it with the store?
This is the gist of the rest of the Blomberg article.
If that's the case it would be mobile payments that doesn't use phones. WTF?
Given a couple of things. I really don't see this working.
Google is notoriously bad at customer support. They can't pay their devs on time reliably and there are already global payment solutions in place from the banks - a simple app from your bank tied to your account and there's no need for any of this.
HSBC, Barclays, RBS and WorldPay already have these solutions either in place or ready to roll.
Wallet seems to be a solution without a problem. Any ideas anyone?
Re: Bribery, threats and need
em, Google is not proposing a new payment system (and neither are Isis or Oscar). It wants to host Visa and MasterCard payment applications on the embedded secure element under its control and make money from targeted offers/ads based on users' purchasing behaviour. It will be involved on provisioning those apps on the secure element but will not be involved in processing the payments
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