Google has your email, your web history, your documents - now it wants your wallet

[steve2470]

http://www.dailymail.co.uk/sciencetech/article-2039205/New-device-soon-let-shop-just-waving-hand-TV.html


New payment technology: The engineers of the Google Wallet hope it will one day replace everything from boarding passes to keys


Anyone who has problems controlling their spending should look away now. Google hopes to make payment via a credit card as simple as waving a phone - with a new service that looks set to launch imminently.

At present, Google Wallet says, 'Coming soon' - but a launch today is widely expected.

Google's 'Wallet' will allow you to make purchases simply by waving phones at specially equipped Mastercard machines - without the need for separate credit cards.

You'll still need a PIN code, though - although using NFC (Near Field Communication) technology, phones equipped with the chips will simply need to be 'waved' to pay, rather than 'slotted' in to a terminal.

[my2sense]

1. I thought we were in a recession

And when your phone is stolen or lost what happens. Who will even answer the phone so you can report it. More nonsense.

And another thing - who has money (except the top 1%) to do all of this buying of more shit we don't need? With all the ads I see coming across my TV I'm constantly questioning what these corporations are thinking. They won't create jobs - yet expect us to buy their products.

Just crazy.

[IndyPragmatist]

14. So you never buy a thing? Ever? You are 100% self sufficient?

If you aren't, your post is one of the dumbest things I have ever heard.

Why is using the equivalent of a debit card something for the rich? This is a heck of a lot more secure than a credit card. How often are you asked for an ID when you use your credit card? I cannot remember the last time this happened. Sure, I have a pin number if my card is used as a debit, but all someone has to do if they stole my card is click on credit when asked. At least with this, there is a password to be entered before every use.

I've also read that you can have it set up to email your receipt immediately. Right now, I can't do that with my card. If my wallet got stolen and somebody is using it before I notice it's gone, they could rack up as many charges as they want until I realize it's gone. If I get an email alert for every transaction, I know immediately that my credit card is being used.

What the hell is wrong with some people. I guess anything that comes from a big company is evil. I guess Google doesn't hire people or pay them well. Guess what, Google is known to be one of the best companies in the world to work for. They don't have sweat shops like Apple and they pay their employees amazing wages. I interviewed for a job at Google, but did not get it. Not only did I get a personal call from the woman who interviewed (every other interview I got an email or never heard back at all), but she was very polite and pointed me to a similar job opening at another office, and offered to provide a direct referral for the job.

Try thinking before you post. This isn't something for the rich. If you would do some reading and think for a few seconds, you would realize that this is actually more secure than traditional credit cards and saves money for businesses and individuals.

[my2sense]

15. Your entitled to spend as much money on

things as you wish in the manner you wish. I however have chosen to cut down on consumption and I damn well won't be giving any personal info to Google - they have quite enough info already....but you do you. It seems you have some attachment to Google???? Whatever. You may also want to think and learn how to disagree without the combativeness.......I'm just saying.

[IndyPragmatist]

16. I guess you changed your position?

I was clear that I was criticizing the point where you said this is something for the rich. This is not. That type of a comment is lazy and destructive. When correct, that is completely appropriate, such as in talking about tax breaks for the rich. However, you are not correct in claiming this is just something for the rich to buy more shit we don't need. I am by no means rich. But I will use this. This means that I won't have to carry my wallet and it will decrease the likelihood of fraud. I will be able to buy groceries with this (or is that just shit that we dont need?).

I get pissed off when I see people spread bullshit. When Glen Beck lies, it makes me mad. When all Republicans lie, it makes me mad. When Democrats lie, it makes me mad to. Misinformation is bad no matter where it comes. If you to blame the rich for many of our problems, then go ahead, because that is true. But a new technology that will make things safer and easier for many people (from a company that is widely known for it's amazing treatment of employees), is not a place to claim this is just something for the rich.

[my2sense]

19. I've not changed a thing

If you are willing to share more info with google and the rest of the corps for convenience while your info is mined- that's your choice. I have an opinion and I will state it as I see fit just as you have. On a Democratic site (if you are a Democrat) I expect more civility and acceptance of differing points of view. I was stating that many citizens simply don't have income to continue to consume (non-necessities). Not sure why I had to state "non-necessities, some things are a given. Not sure where you got that I was saying Google's new product is only for the rich........

Welcome to my ignore list.

Edited to clear up my point about non-necessities. I thought "shit you don't need" covered that.

[banned from Kos]

2. Big loser here - MasterCard, VISA, AmEx. I read that Google might bypass

the transaction processors.

Where the big money is - time will tell.

[blogslut]

9. Google Wallet works in conjunction with MasterCard

http://www.google.com/wallet/how-it-works-payments.html

[InkAddict]

3. Oh-oh - Baby Grandson always playing w/Mom's phone

I'll take one of everything, says baby; pushes buttons (waves phone in air).

[Capitalocracy]

8. And then you'll discover that reversing those charges takes a little more than hand-waving. nt

[blogslut]

4. This technology is only new to the US

Other nations have been using cell phone billing platforms for years.

[arcane1]

5. Yes, because this is terribly needed in our society

I'll pass.

[Capitalocracy]

10. You know who this is good for?

People who have so much money they need faster, more efficient ways to spend it.

Hey, maybe you could just wave your phone at things and then it automatically schedules someone to pack it up and take it to your house. It could even automatically notify your servants when the products will arrive.

[RC]

13. In other words, job creation by and for the rich.

[valerief]

6. Oh, I don't see a theft problem with that technology. None at all.

:eyes:

[Waiting For Everyman]

7. Google can keep it's 'wallet' as far as I'm concerned.

I have my own wallet with cash in it and one debit card to pay bills online, and that's it. (And btw, I'd like to see a required discount for cash in retail stores - I'm tired of paying higher prices for fees incurred by others using credit cards.)

[woodsprite]

11. My kids gaming habit on Facebook and book habit at Barnes and Nobles has my wallet.

At least that is where their allowance is deposited to on occasion rather than handed to them in cash or transferred to their bank account.

[Scout]

12. google doesn't have my email or my docs....

i doubt they will get my wallet.

[Shagbark Hickory]

17. I'm in favor of this technology. Google already has my wallet. And my heart,

:loveya: Oh Google. I love you so.

[L0oniX]

18. How does it work with food stamps?