10 reasons why Google Wallet won’t dominate

The launch of the Google Wallet in USA has gained massive press. Here is two to balance the hype.

First is from Waspit, a blog discussing the future of mobile payments, and “Google wallet – the facts you can’t Google”. Read it here.

Second is from eWeek and “Google Wallet won’t dominate mobile payment space – 10 reasons why. Read it here.

The 10 reasons as of eWeek article:

  1. Consumers lack knowledge, experience
  2. Limited phone availability
  3. All wireless carriers aren’t onboard
  4. Apple might jump into the space
  5. There will be multiple competing services
  6. There are too many moving parts
  7. It’s MasterCard, for now
  8. Fear over security
  9. Generally poor marketing
  10. It’s still in its infancy

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