WHAT IS GOOGLE WALLET TECHNOLOGY ?


What is Google Wallet?

> Google Wallet is a mobile app that will make your phone your wallet. 
> It stores virtual versions of your existing plastic cards on your phone, along with your coupons, and eventually,    
   loyalty and gift cards.

Security

> Google Wallet is designed and engineered to enable safe, secure payments.

It is a safer wallet

> Google Wallet requires you to set up a Google Wallet PIN that must be entered before making a purchase.

> This PIN prevents unauthorized access and payments via Google Wallet. 

Secure technology

> google Wallet and MasterCard PayPass™ provide many layers of security.

> Google Wallet stores your encrypted payment card credentials on a computer chip on your phone called the
   Secure Element.

> The chip is designed to only allow trusted programs on the Secure Element itself to access the payment   
   credentials stored therein.


What to do if your phone is lost or stolen

> Even though the Google Wallet PIN and Secure Element protect your payment card information, you should still
   call your issuing banks to cancel your cards.

Advertisements

About rajkirpal

i am a software engineer. and i have decent knowledge about java technologies like ANDROID, Servlet, Jsp, Struts, Hibernet, Spring, J2ME, Java Script, Ajax, JQuery, CSS. Further i am Preparing Easy understandable materials/documents upon the same java technologies and developing project in core java , advanced java and j2me , ANDROID as per the requirements Also designing the web sites and logos Thank You.
This entry was posted in IT News. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s