Google launches Wallet, gets sued by PayPal

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Posted May 29, 2011 by Stuff Staff in News

google-wallet

An NFC mobile payment system from Google was announced last week, under the unimaginitive name of Wallet. But the idea, according to PayPal’s lawyers was stolen from them. The same contactless payment idea already testing in America, rumoured to be under devlopement by Amazon, and being planned in banks worldwide. Good luck with that lawsuit PayPal.

Wallet will allow Android 2.3+ NFC-capable smartphones like the Nexus S to make contactless payments using a Mastercard and Google Prepaid card systems. But Google has taken it a step further by introducing Google Offers that delivers location-based deals that should leave Groupon worrying. But with no release date confirmed they might not have to start quivering just yet. Want the full Google keynotes? Watch below:


About the Author

Stuff Staff

Our crack-team of gadget-loving ninjas scour the interwebs for the hottest gadgets and the coolest kit around. They produce the pages of Stuff Middle East by day, but don internet-friendly masks by night, stealthily hunting the latest gadget news and tech trends.

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