Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Google Wallet Presentation

2,134 views

Published on

  • Stop getting scammed by online, programs that don't even work! ♥♥♥ http://scamcb.com/ezpayjobs/pdf
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • ♣♣ 10 Easy Ways to Improve Your Performance in Bed... ■■■ http://ishbv.com/rockhardx/pdf
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here

Google Wallet Presentation

  1. 1. E Business Presentation
  2. 2. What is Google Wallet ?  Google Wallet is a mobile payment system developed by Google that allows its users to store debit cards, credit cards, loyalty cards, and gift cards among other things, as well as redeeming sales promotions on their mobile phone. Google Wallet can use near field communication (NFC) to "make secure payments fast and convenient by simply tapping the phone on any PayPass-enabled terminal at checkout
  3. 3. Release Date and Associated Partners  Google demonstrated the app at a press conference on May 26, 2011. The app was released in the United States only on September 19, 2011  On August 1, 2012, Google Wallet expanded support to all major credit and debit cards including Visa, MasterCard, American Express, and Discover.  Merchants who accept Google Wallet include: American Eagle Outfitters, Bloomingdales, Foot Locker, Jamba Juice, Macy's, RadioShack, Subway, The Container Store, Toys "R" Us, and Walgreens.
  4. 4. Platforms used by Google Wallet
  5. 5. Usage and Growth  The service works with the 300,000 plus MasterCard PayPass merchant locations with Visa licensing their Visa payWave system to Google for use in Wallet as of September 20, 2011  On May 15, 2013, Google announced the integration of Google Wallet and Gmail, allowing users to send money through Gmail attachments. Like the main service, Google Wallet's Gmail integration is also currently only available in the US, to those 18 or older
  6. 6. Business Model Google doesn't currently charge users or merchants for access to Wallet, and plans to make money by offering sponsored ads to their users. The new app Google Shoppe will push two types of offers to a user's phone:  Today's offers, which allows the user to see a single offer redeemable for discounted goods or services in their area.  Nearby offers, which allows the user to see a list of offers in the 'Eat' and 'Play' categories that nearby businesses have submitted through Google Places. The Google Wallet was designed as an open platform. Payment networks, carriers, and banks have been invited to join and participate in the system.
  7. 7. How does Google Wallet work ?  The Google Wallet Card is funded by your Wallet Balance. Money is added to your Wallet Balance either by someone sending you money via Wallet or Gmail or by adding it yourself from a linked bank account or from a credit or debit card. You can deposit money through a recurring bank transfer.  Services offered by Google Wallet is only available in United States
  8. 8. Security and Privacy While a stolen debit card can be used in some circumstance without a personal identification number (PIN) or signature, the Google Wallet has security including  The Android Operating System, within the core libraries require the screen of the device must be on to enable NFC chipset access  Sensitive financial credential data is stored in the NFC chipset's protected memory known as the Secure Element.  Google Wallet requires the input of the correct PIN to open the application. Privacy concerns include the storing of data regarding payment information, transaction details, payment attempts and other information stored by Google indefinitely. The Privacy Policy for Google Wallet indicates that much of the data is stored but may not be shared outside Google except under certain circumstances..
  9. 9. Transfer of Money and Funds  You can send money to anyone in the U.S. with an email address using the Google Wallet app. You can also send money in Gmail by hovering over the attachment paperclip icon and clicking the $ icon to attach money to a Gmail message on your desktop. Payments can be funded from your Google Wallet Balance, bank account, debit cards and/or credit cards. The email recipient does not need to have a Gmail address, but must sign in or sign up for Google Wallet and verify their identity to accept the money.
  10. 10. Fees and Cost structure  There are no fees for you to set up Google Wallet and use it in stores and online. You can even send money for free from your bank account or Wallet Balance. If you’d like to send money or add to your Wallet Balance using a credit or debit card, there is a small per-transaction fee of 2.9%. Receiving money is always free.  There are also no fees to order and activate the Google Wallet Card, and no annual or monthly fees. Some ATM providers may charge you a fee for cash withdrawals.
  11. 11. Competitors and Market Share Following are the competitors :- 1.Apple Pay 2. PayPal While Google and Apple both suffer, to some extent, from device fragmentation, Google’s problem is exacerbated by the fact that they do not control the entire supply chain in the way Apple does. Apple builds its devices, OS, tools, environments and manages the app stores, whereas Google relies on partners and OEMs much more extensively to deliver their latest and greatest product offerings. Because many of these OEMs are looking at cheaper down markets, adoption rates for the higher-end Android versions compatible with Google Wallet are low, dipping into the 25% range.
  12. 12. Device Availability  HTC One SV (running Android 4.1 or newer) on Boost Mobile  HTC One on Sprint  HTC One (M8)  iPhone  Motorola Droid RAZR MAXX HD on Google Play  Motorola Moto X  Samsung Galaxy S5  Samsung Galaxy Note II on AT&T, Sprint, US Cellular and Verizon  Samsung Galaxy S4 on Sprint, US Cellular, and Google Play  Samsung Nexus S 4G on Sprint  Asus Nexus 7 (2012 and 2013[Note 1] variations  Samsung Nexus 10
  13. 13. Tie ups and Offers  Google Wallet allows you to store your gift cards and easily redeem them in stores at checkout. You can also instantly view your gift card balance.
  14. 14. Advertisement  https://www.youtube.com/watch?v=BAhXK-ATKWw
  15. 15. Thank You Made by Raghav Sharma SY BBA Section A

×