Google Wallet gets updated

Google Wallet was announced back in May, 2011 and its aim is to allow for an easier, better shopping experience, both online and in-stores. The point of Google Wallet is that your phone is basically your credit card- You don’t need to carry around a card, since everything is in your Google Wallet.

Google Wallet can store your credit cards, debit cards, etc. It allows for a more fluid online shopping, as instead of entering all your card details you can just use “Buy with Google”, and get it finished with pretty quickly.

Now, with the new update, Google Wallet gets a few features. Since with Google Wallet you don’t have a credit card number, all your details are basically your email address.

So, with the new update, one of the things introduced is a fast way of getting money to and from other people, in which you simply enter their email address, and have the ability of either to send money to that address, or request. All that is done on-the-go, without messing around with all kinds of regulatory.

Other options introduced are the ability to store and use your gift cards through Google Wallet. That way you don’t need to be burdened with all the plastic cards.

Although Google Wallet raised questions of security, since anyone who hacks your email gets access to basically everything, Google assures that it offers a “24/7 fraud monitoring as part of Google Wallet Fraud Protection in the US. If your phone/card is lost or stolen, either can be disabled from your Google Wallet account.

For more details about Google Wallet, visit their official website here.