Google’s New Debit Card Merges Physical And Mobile Payments
Pay in-store or withdraw cash straight from your phone.
Google has decided to follow in the wake of companies such as PayPal who have developed physical extensions of their mobile payment solutions. The Google Wallet Card allows you to spend your money in stores, or withdraw it from an ATM without having to wait for money to transfer from your Google Wallet Balance to your bank account. It could also be seen as the perfect companion to devices like Coin, which let you store up to 8 payment cards in one customizable card.
The Google Wallet Card is a debit card that lets you quickly access your Wallet Balance, whether you’ve received it from a friend or added it directly from a linked bank account or credit/debit card. You can use it at millions of MasterCard® locations or simply find the nearest ATM. There are no monthly or annual fees to use the card, plus it can send notifications to your phone every time you spend, which makes it easy to stay under budget.
You can order the new Google Wallet Card for free right inside the latest version of the Google Wallet app for Android that rolls out this week, or you can order it from inside your Google Wallet account. The card is currently only available for those in the US, but if it proves a success, there could be similar initiatives around the world.