Posts tagged as: electronic money

Starbucks huddles up with Square for mobile payment system across the US

As the technology is rapidly evolving, the concept of electronic money is taking root with the same speed. Coffee shop chain Starbucks is taking the new concept quite seriously. The magnitude of such a rigid attitude can be measured from the company’s investment in mobile payment enterprise called Square. Seattle-based Starbucks announced on Tuesday a […]

Google Wallet: Will it be a success in the near future? – Part 1

Google, Inc. has a tradition of getting off to a flimsy start. There are numerous examples in the more-than-a-decade long history of the company but it has succeeded in those ventures where it plans to stick its head in. However, the recent endeavour undertaken by Google has taken more toll on its capital than any […]

Google Wallet: Will it be a success in the near future? – Part 2

Basically Google Wallet is an application preinstalled in Google’s mobile operating system, Android. As of yet, there are only two smartphones that have adorned the application, Samsung Galaxy Nexus S and Samsung Galaxy Nexus. In addition to the application, the service also needs near-field-communication (NFC) chip in the handset that is only available in scant […]

Google blocked a part of its new application Google Wallet due to security reasons

In recent news, Google announced that it is going to take down a part of their application, Google Wallet due to some security concerns. Recent developments have revealed that the application still works if the phone is lost and screen remains unlocked, the person who recovers it can change the pin codes in the application […]

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