The steps for Google Wallet setup are thus, says Google on May the 26th in New York: Attach your Wallet, Enter your Pin, Add your Credit Card, and lock. Quite simple. This service will work between Citi bank, FirstData for management, and you with your personal information. Your information will be secured and available to you instantly in your "wallet." Once your card is in your wallet, you can choose to active or de-activate your card on demand. In addition to your credit card, you've got an instant Google card [GCard] which you can add funds to separately. AKA you can add funds how you want, no matter how confident you are in the security.