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The so-called "mobile wallet" By Google


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Google has unveiled new technology which could change the way consumers shop. The so-called "mobile wallet" may mean one less thing to carry when you go to the store.

http://goo.gl/fb/selXY

It will change the way we shop. A company that will make out in a huge way is VeriFone, symbol PAY. They just announced a partnership with Google to provide this new technology. VeriFone has their quarterly report coming out after the close on June 2nd. They should have a monsterous quarter. They've been one of if not the top stock performers for the last two years.

Merry Christmas!

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i think this will be "neat," but unless this thing can provide a suitable ID, gym membership card, AAA card, grocery store coupon card, etc...folks are going to still need to carry a wallet.

I mean, if I can get pulled over by a cop and hand him my phone and have that be sufficient, then i might stop carrying a wallet. Until then, having a credit card on my phone is just novelty.

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