Best Buy, Walmart Team to Form Google Wallet Competitor

[exfileme]

A large number of retailers have grouped together to create their own mobile payment system.

Best Buy, Walmart Team to Form Google Wallet Competitor : Read more

 

[aqualipt]

Meeeh, Google wallet FTW!

 

[A Bad Day]

I see a format war brewing. Anyone remember the HD DVD vs Blu-ray war?

 

[alidan]

[citation][nom]A Bad Day[/nom]I see a format war brewing. Anyone remember the HD DVD vs Blu-ray war?[/citation]

blu ray won because of the ps3, even though some hddvds are higher quality than bluray, the thing being an example.

but this, screw Best Buy and Walmart, neither of them are good, and i would rather deal with google than walk into their stores if i have any other alternatives.

 

[frankpakdmys]

This is just not needed...

 

[sacre]

Right. Let me guess, those with the Google wallet will go there looking to purchase something and Walmart will say "Sorry, we do not accept that - BUT - you can get this, its the same thing! FOR A SMALL FEE"

I'll just stick with plastic. I'm already paying monthly fees for my bank, I don't feel like paying more for some app that does the same thing.

 

[PTNLemay]

I don't understand, if not Google's Android then what, iPhones? While I will acknowledge their popularity means they have numbers to back them up, all they have is bluetooth, GPS, 3.5G, and WiFi. Do they expect to build this thing off WiFi? Because that seems like a powderkeg solution to me (range is too big, gives hackers more room to work with).

 

[LordConrad]

[citation][nom]A Bad Day[/nom]I see a format war brewing. Anyone remember the HD DVD vs Blu-ray war?[/citation]
What about VHS vs Betamax? Wait, did I just show my age? Umm... never mind.

 

[CaedenV]

[citation][nom]PTNLemay[/nom]I don't understand, if not Google's Android then what, iPhones? While I will acknowledge their popularity means they have numbers to back them up, all they have is bluetooth, GPS, 3.5G, and WiFi. Do they expect to build this thing off WiFi? Because that seems like a powderkeg solution to me (range is too big, gives hackers more room to work with).[/citation]
It will be NFC (near field communications) which will soon be found in most google, windows, and possibly future iPhones. It is a neat local tech good for passing allong small bits of information, but I am more interested in it as a way to do secure file sharing than a wallet. While tech like this seems interesting (I would be less likely to make purchases when seeing my balance on my phone than just pulling out the blank plastic), I simply do not trust phone tech yet for such data.

 

[supall]

Great... so we have one from the Cellphone ISPs...we have one for banks, we have one from Google, and we now have one from Best Buy and Walmart... This is stupid.

 

[mharry860]

Good luck with that. I'll bet it will mysteriously not work on Android and iOS phones.

 

[s3anister]

Best Buy, Walmart Team to Form Google Wallet Competitor

Do not want.

 

[freggo]

[citation][nom]LordConrad[/nom]What about VHS vs Betamax? Wait, did I just show my age? Umm... never mind.[/citation]

Talking about age, How about AC vs DC

 

[eddieroolz]

While I don't like Google nor its privacy issue-ridden Wallet, I don't like having multiple "standards" fencing in its share of the market.

What we really need is a global standard, not set by a single corporation, that's secure and compliant with the strictest privacy laws.