What Is Google Wallet?

As mobile technology continues to rapidly advance, today’s consumers and merchants are relying heavily on their mobile phones for nearly everything – from emailing to shopping to accepting credit cards. Now, with the introduction of Google Wallet, mobile phones have the potential to become the newest type of payment, as well.

Google Wallet is a virtual wallet that securely stores payment information for safe, convenient in-store and online payments. For consumers, using Google Wallet is free and convenient. For merchants, Google Wallet can significantly improve business in a mobile market.   

How Google Wallet Works

Google Wallet can be used in stores and online. In order for consumers to use Google Wallet, they must have a compatible mobile phone and the Google Wallet mobile app. Merchants can accept Google Wallet payments in stores with compatible contactless payment readers – customers tap their phone on the reader, and the phone sends the payment for authorization. To use Google Wallet online, customers simply sign into their Google Wallet account and start shopping.

How Google Wallet Will Impact Consumers

Payments methods continue to grow more convenient – credit cards and debit cards replaced cash and checks for quicker checkouts, simplified online shopping and immediate bill payments. The Google Wallet makes payments even more efficient by eliminating the need to swipe credit cards, key in PINs or provide signatures. In addition, Google Wallet users can benefit from Google Offers, which syncs to the Google Wallet and makes special discounts easy to redeem at checkout. Google Wallet can also store rewards cards.

How Google Wallet Will Impact Merchants

This may just be the beginning for mobile payments, but for merchants, joining in early can put you a step ahead of the competition. Accepting Google Wallet payments can help you improve your services and simplify payments, providing your customers with the advanced convenience they have come to expect in today’s technology-driven market. Google Offers and Rewards can help increase customer traffic and significantly boost sales.

Mobile Processing Solutions from BluePay

BluePay offers a wide range of advanced credit card processing terminals, including contactless capable devices designed to accept Google Wallet payments. Not only do we provide the equipment to accept mobile payments, our mobile processing solutions also allow merchants to accept payments from their mobile phones, making business on-the-go even simpler. Our payment solutions are compatible with most major brands and mobile processing systems, including ROAMPay and Way Systems.

Contact us today for more information on Google Wallet and mobile processing.