Google Wallet signs Amex, Discover and Visa

The other day when we reported about Google's launch of its Google Wallet tap to pay app, one of the comments we kept hearing was that the service wouldn't get anywhere with only one credit card (Citi MasterCard) signed up. That isn't a concern anymore as American Express, Discover and Visa have joined the team. Terms of the agreements were not disclosed.

Now Google has to work on the other problem, which is that the service is only available on the Google Nexus S 4G, sold by Sprint. The app requires an Android model running 2.3.4 and with NFC enabled. Owners of the Sprint device have received the Google Wallet update in an OTA update that was disseminated yesterday so all that is required for owners of that phone to use the service is to register their credit card with Google Wallet (and as of right now, only the Citi MasterCard will work although today's signing obviously indicates that more cards will soon be accepted), and find a retailer with the PayPass machine that will allow them to tap to pay for their purchase. As we reported, Google will give a $10 credit to those who set up the service before the end of the year.

source: BeaconEquity