Google Wallet Aims to Compete in London in Time for Summer Olympics

By  |  December 9, 2011
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December 9, 2011

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    Google is working to get its mobile wallet app up and running smoothly in time for the opening of the 2012 Olympic Games in London, reports French newspaper Les Echos.

    Google Wallet will reportedly launch in London in Q1 of 2012. The company is said to be working with a handful of banks, distributors and retailers in order to meet its goal of having Google Wallet fully functional by the time the Summer Games start on July 27, 2012.

    (Related: Samsung & Visa, Two Worldwide Olympic Sponsors, Join Forces to Enable Mobile Payments)

    Google Wallet debuted in the United States in September. MPD CEO Karen Webster couldn’t resist the opportunity to weigh in, briefly, on the story that had the Web in an uproar this week.

    “Seems as though Verizon may be giving Google the proverbial lump of coal a little early this year by saying ixnay to its Wallet,” she wrote for PYMNTS.com. “Now, having the largest mobile operator in the US make that call is pretty big.”

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    Click here to read why she feels a Verizon rejection would limit Google Wallet’s distribution possibilities significantly in the United States.


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