Royspace: Chariot Wheels and Sea Horses

Royspace: Chariot Wheels and Sea Horses: courtesy of commons.wikimedia.com Portia just stood there mesmerized, her hands held out in front of her. Had she just given away her...

Google Wallet! (The invisible wallet)

Hey guys, Google wallet is out and its totally awesome. Imagine never having to keep any of your debit/credit cards anymore? Just waving your NFC smartphone near or tapping the reader, and voila! payments for purchases are made. This is definitely going to revolutionize payments.

I know the question you all are going to ask....security? ok, here is the deal....

......Google Wallet stores your encrypted payment card credentials on a computer chip on your phone called the Secure Element. This Secure Element is a separate computer, capable of running programs and storing data. The Secure Element is separate from your Android phone's memory and the chip is designed to only allow trusted programs on the Secure Element itself to access the payment credentials stored therein.

This also works with a secure encryption technology of MasterCard PayPass which protects your payment card credentials as they are transferred from the phone to the contactless reader.

How cool is dat.....i only wish Nigerian banks would tag along pretty soon.

Google is definitely ahead of the pack. Another good one fron the Google team. Thumbs up!

Check out the link http://www.google.com/wallet/

Royspace: Our Lady of the Scarlet Cord.

Royspace: Our Lady of the Scarlet Cord.: "“You don’t belong here!” the words had stung and shocked her to the very core of her soul. She never imagined that she would be reminded ..."