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    Home / Definitions / Google Wallet

    A digital payment service from Google designed to make it easier for customers to make online and traditional in-store purchases. Google Wallet functions in two distinct ways: as a mobile payment service and as an online payment service.

    The Google Wallet mobile payment service is available for select Google Android-powered devices. It stores credit and debit card information and then facilitates transactions at stores using near-field communication (NFC), enabling payment by simply touching the mobile device to a store s PayPass reader. Google Wallet s online payment service functions separately from the mobile payment service and is designed to securely store customers credit and debit card information in order to simplify online purchases for customers.

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