Google considering sharing revenue with carriers to stimulate Wallet adoption
Reports suggest that Google might be considering sharing revenues from Google Wallet with AT&T and Vodafone to help stimulate usage. The service currently only works on one network and device ie the Sprint Nexus S 4G. Sprint plans to out 10 more Wallet supported devices later this year.
Revenue sharing comes as a last ditch effort because AT&T and Vodafone are correctly collaborating on a competing service called ISIS. ISIS is already ahead of Google Wallet in terms of partnerships. The only way that Google could bypass the carriers will be if they can establish their own payment terminals which would involve a rather large investment. On that note , we are yet to see NFC based payment systems to find any takers in India. What do you think will be the future of Google Wallet ?
[ Via - Android Guys]