Got your wallet??

Google officially rolled out its Google Wallet mobile payment system on Monday. Well from the name you can clearly understand that it gets rid of your "WALLET".. But what they don't say is, you need AN ANDROID APP, or more precisely a SMART ANDROID PHONE to get started with this payment system.

Ten years back, who would have thought any of us would have been ready to dish out a gazillion dollars for an Iphone, or any other expensive phone. Hell, I told my MOM that I got my Iphone as a temporary gift for six months from my friend, because I couldn't bear to see her expression if I told her I bought it. And that was around a year back. Guilty as I felt, I finally got it out of my system... But that's another story.. Let me get back to the Google Wallet.

I like the way Google has put it...

In the past few thousand years, the way we pay has changed just three times—from coins, to paper money, to plastic cards.

Now we’re on the brink of the next big shift.

 

 
As of now Google Wallet works only with Citi-Mastercards and Google Prepaid Card.
Visa plans to work with Google to support the Visa pay Wave app and it looks like American Express, Discover and all the other Card Standard organizations are following suit.

You can get a better idea by watching the video, at Mashable, and the Google Wallet Link.

I wonder when this will come to the Mid-East. My friends in India, I really don't think you will see this in the near future.