Google kicked off the week with a couple of big news items. Daily Deal — a German Groupon-like company — says it is being bought by the search giant, which has been making in-roads into the American market with Google Offers. Googling isn’t confirming that purchase just yet, probably because it’s busy rolling out Google Wallet:
Google Wallet is an Android app that makes your phone your wallet. It stores virtual versions of your existing plastic cards on your phone. Simply tap your phone to pay and redeem offers using near field communication, or NFC.
This all seems like deja vu. For as long as rumors of Google Wallet have abounded, I’ve been skeptical. Surely there are early-adopters out there ready to put their financial info into this “lockable” wallet. I, however, keep having visions of lost phones dancing through my head. Even if it’s lockable, it’s probably still hackable (just ask Scarlett Johansson how secure her phone is). And what if I lose my phone while out at the mall — and I’ve obviously stopped carrying my regular wallet, otherwise what would be the point? I’d be without a phone to call anyone, and I’d be penniless.
For now wallet is only on Nexus S 4G by Google, so whether or not to go-walletless isn’t a decision this iPhone user has to make just yet. It does look like the Home Depot near my house accepts it, though, so maybe I’ll head over there and see if anyone else is taking up Google on this new payment option.