Google has officially released their mobile payment service, Wallet, on Sprint’s Nexus S 4G. The app uses NFC (near field communication) to communicate with compatible readers at retailers for wireless payment. At the moment, only plastic from Citi and MasterCard can be used, but Visa, Discover and American Express are expected to be supported in a future update. Google Wallet can hold multiple credit, loyalty, and prepaid cards, and is secured by a PIN code, making it “more secure than a physical wallet”.
In May we announced Google Wallet—an app that makes your phone your wallet—with Citi, MasterCard, Sprint and First Data. With Google Wallet, you can tap, pay and save using your phone and near field communication (NFC).
We’ve been testing it extensively, and today we’re releasing the first version of the app to Sprint. That means we’re beginning to roll out Google Wallet to all Sprint Nexus S 4G phones through an over-the-air update—just look for the “Wallet” app.