Google Wallet

Mastercard’s transactions to double by 2018 thanks to mobile payments

Mastercard’s transactions to double by 2018 thanks to mobile payments

The number of transactions that are handled by Mastercard's payment services is expected to almost double in the next six years, to 53 billion. The reason, according to analysts, is because of the company's extensive growth in the world of mobile payments. It's a segment that is seeing a lot of attention right now, and one that will enable Mastercard to get billions of new customers.

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Isis mobile payment platform is almost ready

Isis mobile payment platform is almost ready

Isis has a booth on display at the SXSW show in Austin, Texas this week. Austin is one of the platform's pilot cities, and will be able to start accepting Isis payments in the summer. The Isis team, which is made up of a joint venture between Verizon, AT&T, and T-Mobile, released a new video to show how the service will work once it goes live.

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Juniper says NFC payments will hit $74 billion by 2015

Juniper says NFC payments will hit $74 billion by 2015

Let's face it. If you've actually paid for somethiing using software and hardware that's built into your phone, you're in the significantly vast minority. That is, at least, assuming you live in the US. But in just a few years, if it's not part of your daily routine you may look as outdated as someone who doesn't have a smartphone today. This trend is going to grow, and it's gonna grow quickly.

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Google Wallet ditches support for rooted smartphones

Google Wallet ditches support for rooted smartphones

Google Wallet has some significant issues with security already this year. A potential hack was discovered in February that could have exposed credit cards. However, no evidence of credit card abuse or theft was noted. The security flaw was only exploitable on rooted Android devices. It seems Google is taking a different route with potential security flaws on rooted Android devices; it has decided to end support for rooted smartphones.

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Moneto NFC compatibility comes to six new phones

Moneto NFC compatibility comes to six new phones

Moneto has announced that is has expanded its flagship Near Field Communication (NFC) platform to Android, and has added support for six Samsung Galaxy S devices. This is in addition to the iPhone 3G, iPhone 3GS, iPhone 4, and iPhone 4S, which were already supported by the company. The moneto platform is different than other "virtual wallets" because it uses a special microSD card, allowing it to function even in devices that don't have built-in NFC hardware.

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Google Wallet reopens for prepaid cards, adds transfer block

Google Wallet reopens for prepaid cards, adds transfer block

Google has reopened its Google Wallet mobile payments service to prepaid cards, having slammed the door on new additions after the discovery of a potential hack, while also delivering a fix that it claims will make the system more secure for users. No evidence of actual abuse has been identified as a result of the hack, the company's commerce team insisted, which allows the Google Wallet PIN to be revealed on Android devices that have been rooted.

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Google kills use of prepaid credit cards via Google Wallet

Google kills use of prepaid credit cards via Google Wallet

Last week we learned that if you're using an Android smart phone there was a way the PIN for your Google Wallet can be accessed using an app called Wallet Cracker. Since that hack surfaced, Google has maintained that its wallet service is secure. However, Google is taking steps to protect the prepaid credit cards that are linked to your Wallet account.

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Google defends Google Wallet despite hacking wave

Google defends Google Wallet despite hacking wave

Google Wallet has been the subject of the latest round of security paranoia, but Google has come forward to say there is nothing wrong with the product and anyone who is at risk of losing sensitive Google Wallet data is someone who made a specific decision to lower their entire phone's security, and it is their problem. The search giant is trying to prove that Google Wallet is safe, and this round of bad publicity should not be taken out of proportion.

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Google Wallet PIN on rooted Android devices at risk

Google Wallet PIN on rooted Android devices at risk

If you are an Android smartphone user who is taking advantage of Google Wallet on a smartphone that is rooted, you need to be aware of a potential major issue. As you know, when you're making a purchase with your Google Wallet must enter your PIN number to complete the transaction. A reputable security firm called Zvelo has alerted Google that it has discovered the PIN is at risk.

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