Your Wallet Is Obsolete Now
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Transcript of Your Wallet Is Obsolete Now
Your Wallet is Obsolete
Thinks
Smartphones have made a ton of daily activities
much easier
But they’ve failed to reduce the amount of junk we carry around
in our pockets
An unfortunate fact for fans of skinny jeans
That may be about to
Credit Cards have replaced
Cash
If has its way, our smartphones may be about to
replace our wallets entirely
Now if they could only replace
key chains
65 Bay area GAP stores have begun accepting Google Wallet payments
In fact, they’re offering 15% off to those who use
Google Wallet to make purchases through the
end of February.
To make one of these payments, you simply need a Citi PayPass eligible MasterCard or a Google prepaid card,
plus the Google Wallet app
You pay by simply tapping your phone at checkout, enabling the NFC (Near Field Communication)
magic to happen.
You can also use it online.
Some of you are probably thinking about what a huge security risk this phone-wallet idea presents.
We agree it’s hard to fully
Imagine you lose your phone, what then?
Of course, Google tries to calm those fears in its FAQ
The most important thing about Google Wallet isn’t the novelty factor
It’s the Google Wallet purchases you’ll make online – micropayments.
Google, along with Amazon, Apple, and Facebook, are leveraging their ecosystems to
make it easy to pay for items without ever having to set down our smartphones…
with a tap, a click, credits, or whatever
Google Wallet payments are already being accepted by a number of online retailers.
Google Wallet will present huge opportunities
for digital marketers – once they open it up to smaller players.