Google has unveiled its Mobile Wallet, which is a better, more secure way to keep track of your finances and use them in everyday life. Whether you are shopping in a brick and mortar venue or online, Google Wallet helps keep things organized by storing all of your credit and debit card information in one safe, easy to access location. You can also use other affiliated cards, such as rewards cards or loyalty cards. Is Google Mobile Wallet right for you? Continue reading to find out more about the perks that this service offers.

In-Person Shopping

Any store that features NFC technology (tap and go) is ready for Google Mobile Wallet. By simply tapping your phone to the terminal in question, your financial information is securely transmitted and the transaction is paid for without revealing your credit card information to the retailer. This makes it much less likely that prying eyes will attempt to hijack your information and use it for their own devious purposes later. There are hundreds of thousands of NFC terminals already installed in the United States and many more around the world; there’s no reason not to adopt this technology now.

Online Shopping

With Google Mobile Wallet, online shopping is as easy as any one-click solution can be on the internet. Offering the ability to sign in and view thousands of online retailers who accept Google Wallet, your shopping experience is augmented and you are able to browse stores you may have never found otherwise. Using this method, you do not have to create additional accounts for each retailer, which helps save you from unnecessary spam and information from each retailer that you do not need. Sign-in, click and order. It is just that simple, and this is one reason why Google Mobile Wallet will continue to make huge waves in the online payment solution community.

Security Comes First

Google has mastered the art of security, and has used these skills to develop one of the most secure payment solution options available today. Google Wallet is password protected, meaning that prying eyes cannot access your information without having your PIN. In addition to this level of security, most phones are equipped with screen lock, giving your Google Mobile Wallet an additional layer of security (just be sure to use different passwords). If your phone is ever lost or stolen, you can remotely deactivate your Google Mobile Wallet account and erase the data stored on the phone in question.

Card numbers that are stored on your phone via Mobile Wallet are always encrypted and are not viewable by anyone. This means that no one can access your phone and simply write down information. Because of the advanced features that the service offers, your debit and credit card information is never shared with any retailer from which you make purchases. The transaction is actually paid for by Google, which then turns around and debits your account securely to pay back the difference. This action further minimizes the likelihood that your financial information can be intercepted or stolen in any way.