I love Seinfeld. I love technology. Together, they will take over the world. At least that’s what Google is trying to do with its new service, Google Wallet. Obviously, I really enjoyed this teaser, and I’ve been a proponent of NFC (near-field communication) payment services ever since the technology came out. Hopefully the wallet will be a thing of the past once more retailers, credit card companies, and handset makers start adopting NFC. Basically every next generation phone should have the ability to take advantage of services like Google Wallet. Right now, Google has teamed up with Citi, Mastercard, and a few merchants like Subway in Wallet’s debut. So far so good, but apparently it has hit some stumbling blocks, such as failure to read sometimes. It’s still in its nascent stages, so obviously they’ll work out the kinks.
My one question, though, is whether this will eliminate receipts altogether, or perhaps digitize them? An important goal would be to reduce paper waste, so hopefully they are doing something to get rid of paper receipts. Anyway, long live NFC payment services and long live Seinfeld!
