Google Wallet

Just what is Google Wallet?

Google wallet just may end the need for you to carry around all of those store credit cards and super shopper discount cards that weigh down your purse or wallet.

From doing a little research it appears to behave in the same way that your EZ pass works or the way a credit cards works when you wave it over a scanner. But now you don't have to have to carry all of those cards around with you.

What do you think of it?
Do you think you will use it?

It is a step forward for many people and early adapters are already using it. There is one obvious obstacle to the mass acceptance of this technology and that is that not everyone has a smart phone. Right now though it is reported that there are 5x more cell phone users than people who use PC's and 94% of people in the US have a mobile phone. As phone plans come up for renewal more and more people are going to be choosing to purchase a smart phone. When I renewed my phone plan with AT&T a few months ago I got a free Samsung Galaxy S.

There is an argument that your wallet is poses more of a risk for identity theft than your phone if you have it secured with a pass code.

I'm still not decided. I know I don't like carrying a dozen cards in my wallet, but eventually we will probably be using our phones as wallets as credit cards companies shift to the new technologies they may choose not to issue plastic cards anymore.

What Do you think?