Seeking Alpha

Google Wallet (GOOG) gets a big upgrade: the mobile payments solution now supports all major...

Google Wallet (GOOG) gets a big upgrade: the mobile payments solution now supports all major credit and debit cards, and can be remotely disabled in the event a phone is lost/stolen. Better card support removes one hurdle affecting Google Wallet's adoption, but others, such as its reliance on NFC chips, remain in place. Perhaps the biggest challenge is providing consumers and merchants a good reason to stop relying on card swipes, particularly given Square's popularity.
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