Google Wallet Has Some Holes in It
After all the lengths Google went to assure us of Google Wallet's security, it turns out the mobile payments system stores a lot of unencrypted information on your smart phone's database.
After a week of hacks, Google's mobile payment system has lost more of its credibility as a safe payment option, making it just as vulnerable to money-theft as a regular-old bill folder.
After all the lengths Google went to assure us of Google Wallet's security, it turns out the mobile payments system stores a lot of unencrypted information on your smart phone's database.
As with all things Internet, the future of mobile payments is going to be fragmented, making the promise of a digital wallet on your phone a lot less exciting.
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