Google Wallet: Handicapping Why It Will (And Won't) Work

Google has launched its big move into mobile payments with Google Wallet. The big questions revolve around Google Wallet adoption and whether the search giant and partners can finally make mobile payments a reality.

First, Google’s announcement of itsmobile payment plans in New York featured a lot of heavy hitters in the retail and payment industry. With that start, Google is hoping more retailers, merchants and banks will join its effort. Google’s vice president of commerce Stephanie Tilenius said an open ecosystem will set Google Wallet, which includes an Offers feature, apart.

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