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Friday, December 9, 2011

Google needs to be open about Google Wallet, analyst says - Computerworld

By Matt Hamblen
December 8, 2011 05:15 PM ET

Computerworld - Google launched its Android mobile operating system as an open platform, but the company hasn't been very open about how it's working with Verizon Wireless on the Google Wallet mobile payment app on the Galaxy Nexus, an analyst said Thursday.

"Right now, Google presents its [Google Wallet] solution as a winner-take-all, closed solution, not at all open as it would have most believe," said the analyst, Bob Egan of The Sepharim Group.

Egan, a longtime mobile payment technology analyst, said Google or its semiconductor partner in mobile payments, NXP, has refused to release the API related to the secure element (SE) that Google is using in smartphones equipped with Near Field Communication technology. NFC makes it possible to tap a smartphone at a payment terminal in a store to transfer funds to make a purchase.


Google needs to be open about Google Wallet, analyst says - Computerworld

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