It seems that all major companies are going viral, they are trying to find the best and fastest way to make their products more user friendly. Google is already present in the shopping online world via Google checkout, which allows users to make purchases online via their mobile devices. Previously we talk about Starbucks mobile payment (here) and now it seems that Google is following next. Google has teamed up with MasterCard Inc. and Citigroup Inc. to add new technology in Android devices which will allow for consumers to make purchases by waving their phones in front of a small reader at the checkout counter. The planned system will also allow Google to offer retailers to get more data about their customers which they can use to target their ads and discount offers to mobile-devisers near their stores. The idea is to turn the mobile devices into a kind of electronic wallet.
Consumer advocates, meanwhile, are concerned that a mobile system would bring higher fees and brings upa question of whether or not consumers actually want this new system. "It is possible to make a system that's too easy to use, where you reduce so much friction from the transaction process that people aren't necessarily aware of what they're spending on something?" asked Jan Chipchase, executive creative director at the design firm Frog Design, who studies mobile payments.
What do you think? If this new system brings hidden fees, will it be worth it? Or is this something that you can live without.
Is swiping the easy part?
M. Alexandra
http://www.thestreet.com/story/11053577/1/googles-mobile-payments-challenge.html?cm_ven=GOOGLEN
http://www.nytimes.com/2011/03/24/technology/24wallet.html
http://www.businessweek.com/technology/content/dec2010/tc20101231_087039.htm


