Anybody else wish that Google Wallet was what Apple pay is looking to be?

[G+_Shawn Co]

Anybody else wish that Google Wallet was what Apple pay is looking to be?

[G+_Mawdo Jawo]

They're almost the same, the only difference is support and in one or two years Smartphone wallets will be a big deal in USA and Canada, we in Europe and other parts of the world will still keep on dreaming.... ?

[G+_Joseph Cappellino]

It is actually very much the same.  The differences are:

 

- Apple Pay uses the Secure Element.  Google Wallet used to use, but backed out due to complaints from Verizon.  A drawback is that it now requires an internet connection before making a payment.

- Apple Pay uses a one-time, auto-generated Credit Card number that is associated with your account.  Google Wallet uses the same Credit Card number for all transactions.

- Apple Pay uses Touch ID (with a PIN/Passcode fallback), whereas Google Wallet solely uses a PIN.

 

So, from a User standpoint, they are, in essence, the same.  The difference being that Apple now has an edge on security, but this could be changed if Verizon allows Google Access to the Secure Element.

 

The next question is whether Apple will allow Verizon, AT&T and T-Mobile access to the Secure Element (either built-in or via the SIM card) for their competing service, called Softcard (formerly ISIS).

[G+_Ian Martin]

If you use Google Wallet enough the virtual card number changes, but it still has some tokenization with Google Wallet. Also I just read that you can use Google Wallet without Internet too, but you need internet to get the digital receipt.

[G+_Paul Werner]

The only thing I'd want in Google Wallet that Apple Pay has is tap to pay from Android Wear. Though I'd need to have an Android Wear watch that is compelling enough for me to buy (not really interested in the gen 1 devices so far).