After months of rumors and speculation regarding what Google had planned for Google Wallet, today we’re finally starting to see the big picture. This afternoon official physical Google Wallet card options have appeared, with Mastercard already on board, essentially giving users access to their Google Wallet balance to pay for goods.
With Mastercard on board, the new Google Wallet card will allow users to spend their remaining balance anywhere Mastercard is accepted. Since the Google Wallet NFC payments system hasn’t quite taken off just yet, this is another option and alternative to Google Wallet, going around carriers and offering a physical card for all users. With Coin being pretty popular this week, we’re wondering just how much competition the Google Wallet card will actually have.
The Google Wallet physical card doesn’t have NFC, it’s not a digital credit card like Coin, but instead will be one card to access any and all balances and royalty cards and rewards in your Google Wallet account. It basically works just like a debit card, with a pin and all, and will be widely accepted where most payments are.
“With the Google Wallet Card, you can now spend your Wallet Balance anywhere MasterCard® Debit is accepted in the US, online or in stores. Simply hand your card to the cashier like you would any credit or debit card.”
You can instantly transfer funds from your credit/debit cards to the Wallet Card (for a small fee) or completely free and instantly using your bank account and the Google Wallet app or website. From here you’ll be able to spend it with ease. Say goodbye to Paypal and Coin, eventually. With the Wallet card working just like a debit card you’ll be able to set a four-digit pin, the same one used with the Android application, or simply enter your billing zip code associated with the account.
If you’ve already set up Google Wallet ordering a physical card is extremely easy. Just verify you are you, go through a few steps at the link just provided, and it will arrive in 10-12 days. We have a feeling many users may be signing up and that shipping time might get delayed, so jump in now if you’re interested in a Google Wallet card.
For those interested in their own Google Wallet card you can get started here, or head to the Wallet FAQ for more information and details. It will be interesting to see just how popular these Google Wallet cards are, and if we’ll have any issues using them. Being backed by Mastercard should make for a simple and seamless purchase experience.