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Google Wallet moves to cloud, adds credit cards
August 2, 2012 - 6:00pm
Google Wallet has expanded its mobile payments solution by moving most of its services to the cloud and now adding and accepting credit cards from more industry powers, including Visa, MasterCard and American Express, according to Finextra.
The mobile app was initially launched over a year ago, but was somewhat poorly received. This was due in no small part to the company's struggles with expanding and adding more vendors. For a long time, Google Wallet only supported MasterCard, Citi and Sprint. Moving to cloud-based services allowed it to expand further.
"Users can now link any of their credit and debit cards to their [Google] Wallet," Robin Dua, head of product management for the service, told The Wall Street Journal. "This was not the case when we first launched. Issuers no longer have to do that heavy integration work."
The integration process for banks has been sped up considerably, to the point where the institutions can add their cards for use on the Wallet app in just a few weeks. The application is available to consumers at over 200,000 locations, with more being added each day, as well as online in the Google Play store and with Google Checkout.