The company hopes that its tap-and-pay system will one day convince you to replace your wallet, plastic cards, and paper coupons.
The mobile payment space is growing in popularity and with Google’s support it has gained much more attention from key mobile players. Ultimately though it will be up to you, the consumer, as well as merchants to decide if this system will be of value.
Update: Google has confirmed the official launch of Google Wallet. While the rollout is still small – only Sprint Nexus S 4G owners will be able to use it – the company has announced that it’s working toward supporting Visa, Discover, and American Express cards. As an added bonus Google is giving $10 Google Prepaid Cards to early adopters that give the Wallet a try before the end of the year.