3. As a merchant, having as many
payment options as possible is
one of the best things you can do
to grow your business. One of the
newest pieces of technology to
his the market is the NFC
powered Google Wallet
application, which allows people
to store their credit card
information on their smartphone.
4. For PaymentMax
merchants, any sales that are
made using the new Google
Wallet payment method will be
transferred to your bank
account within one business
day. This is often faster than
traditional payment methods
that can take up to three
business days to transfer.
5. The best part of Google Wallet is
that it's safe and secure for
customers, as many are wary
about giving their credit or debit
card information out, and it's
safer for you since the funds are
guaranteed to be available and
will be transferred within one
business day.
6. As NFC technology catches on
and is integrated into more
smartphones, using a
smartphone to make
purchases will become the
default way of keeping our
credit information secure no
matter where in the world we
make our purchases.
7. Right now Google Wallet is only available on the Google
Nexus S and the upcoming Galaxy Nexus scheduled to be
released in November. However, phones are beginning to
ship with NFC technology as the default standard, at
which time the Google Wallet app will be made available
to everyone who purchases an NFC-enabled phone by
downloading it from the Android marketplace. There is no
word on whether or not the iPhone or Apple will support
NFC technology in the near future, as the iPhone 4S does
not.