Reception for tech company’s mobile payment system has been “lukewarm”.
An article on Bloomberg looks at the moves Google is making to try to get carrier more engaged with their mobile payment system Google Wallet. The report says that reception has been lukewarm and suggests that while 50,000 to 100,000 people have downloaded the software, only a small percentage use it. The numbers seem to each an opinion piece by PSFK’s Piers Fawkes entitled “Will Pay By Phone Be An Albatross For The Banking Industry“. Bloomberg Wallet