MOUNTAIN VIEW, Calif. ? Google has officially launched its Google Wallet program with MasterCard and Citi, the Washington Post reports. Currently, Google is talking to American Express, Discover and Visa to bring more diversity to the program.�
Four months ago, the online firm announced the payment initiative, along with Google Offers, with a promise to debut Google Wallet by summer?s end, which it just barely met. Consumers use a Google Wallet app downloaded on their mobile phone, which is linked to a MasterCard or Citi account. Consumers also can load funds on a pre-paid Google Wallet card for payment.
To buy goods, users wave the phone in front of a reader. Vendors with the reader include Subway and Macy?s.��
Google says its app is secure and that the company will not be able to get into users? financial data or purchase information. However, coupon usage will be accessible.
However, not many will be able to use the application right now, but near-field communication chips will be coming to more phones and that should expand usage.�
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