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Google Wallet in Action

MasterCard, Google and Citibank have teamed up with Google to develop its Google Wallet, which the companies have been working on for nearly a year. Many experts think this might be the venture that ignites contactless payments into a full-on mPayments revolution.

“By the end of the month, we’ll have it live into the market,” said Chief Emerging Payments Officer Ed McLaughlin.

But for many, the notion of a digital wallet is still new. PYMNTS.com, which experienced the Google Wallet up close and personal, saw how it integrates with other MasterCard features, such as the budgeting tool inControl. Watch what happens when PYMNTS.com exceeds our allotted “entertainment budget” (as the song goes, girls just want to have fun) and hear Ed McLaughlin reveal the list of merchants participating in the Google Wallet pilot:

NEXT: MasterCard Mobile Goes Global – Interview with MasterCard’s Chief Emerging Payments Officer Ed McLaughlin →

(Editor’s Note: Google Wallet launched shortly after MasterCard Media Day 2011 on Sept. 19th.)


MasterCard CEO, Top Execs Review Strategy & Preview Latest Innovations

Ajay Banga Reveals MasterCard’s Biggest Priority
MasterCard’s focus is to gain more share of the non-electronics payments market worldwide, and CEO Ajay Banga says innovation is the name of the game.

“Taking the Paper Out of Payments” – Gary Flood, President of Global Products
Gary Flood explains how MasterCard’s global partnerships can help foster “a world beyond cash, taking the paper out of payments.”

Google Wallet in Action (UNCENSORED!)
PYMNTS.com got to experience the Google Wallet up close and personal and saw how it integrates with other MasterCard features, such as budgeting tool inControl.

Interview with MasterCard’s Chief Emerging Payments Officer Ed McLaughlin
MasterCard’s role in the Google Wallet may be its most well-known mobile collaboration, but the company is involved around the world in developing secure mPayment solutions.

Prepaid Innovation – One-on-One with Tim Murphy, Chief Product Officer
Call him the Card Guru. Chief Product Officer Tim Murphy oversees MasterCard’s consumer credit, debit, prepaid and commercial businesses around the world.

“Cash is…” – Execs Finish the Sentence Sentence (the Must-Listen Responses!)
PYMNTS asked MasterCard’s Chief Product Officer Tim Murphy and Chief Emerging Payments Officer Ed McLaughlin to finish the sentence, “Cash is…”

The Cashless Vending Machine and Interactive TV Ad You Have to See to Believe
MasterCard has been able to incorporate an unprecedented amount of both engagement and education at the point of sale, thanks in part to MasterCard Labs.

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Latest Insights: 

Facebook is a giant in the ad game, with 2.3 billion active monthly users and $16.6 billion in quarterly advertising revenue. However, its omnipresence makes it a honeypot for fraudsters. In this month’s Digital Fraud Report, PYMNTS talks with Rob Leathern, Facebook’s director of product management, on how the site deploys automated systems and thorough advertiser vetting to close the lid on fraudster attempts.

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