Will Google be launching mobile wallet in 2012

There are rumours that Google may be launching their mobile wallet in time for the Olympic in 2012. It is thought that they are in talks with UK retailers in order to extend its anticipated trials in the first quarter of 2012. The UK market seems

Mobile wallet

receptive to  eCommerce following Barclaycard’s ongoing contactless credit card roll out, Orange’s UK wallet and increased levels of e-commerce smartphone demand. It will be interesting to see how consumers feel, as surveys have shown how many people still have concerns about the security around mobile wallets. Personally, I feel these concerns will be addressed as it is in all parties interest to resolve the matter. However, we as consumers need to play our part and be aware of the risks and take out appropriate insurance which is already available to cover any losses associated using our mobiles as wallets.

So be sensible and your mobile phone hopefully will your ‘new flexible friend’ but like all new ideas and gadgets you need understand its advantages and disadvantages so you can get the most benefit from this new technology.

 

http://www.itpro.co.uk/637825/google-to-launch-wallet-in-uk

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