Originally Posted by alexmt

Umm, no, not at all. Visa has almost nothing to do with Google Wallet except for accepting transactions as they do from any merchant.

Originally Posted by VISA

Visa Inc., Visa Europe and Google today announced that Google has received a worldwide license to Visa payWave, an innovative NFC-based payment technology. Visa payWave enables consumers to make fast and secure payments at retail locations by waving their mobile phone in front of a payment terminal and is currently accepted at hundreds of thousands of retail locations worldwide.

The agreement sets the stage for Visa-issuing banks worldwide to enable Visa account holders to add their credit, debit and prepaid accounts to Google Wallet - a mobile application that turns a smart phone into a digital wallet. This is the latest effort by Visa and Google to simplify the consumer shopping experience by enabling them to make mobile payments using their mobile phones.

Originally Posted by kebosabi

My source is directly from VISA's website back in 2011/09
Visa and Google Sign Licensing Deal to Boost Mobile Payment Adoption

Originally Posted by alexmt

That was before Google switched to using the current model where they allow any card and they just charge the card, the current Google Wallet bears little resemblance technically to that Google Wallet.

http://www.nfcworld.com/2012/08/01/3...-pay-with-nfc/

Originally Posted by kebosabi

Wouldn't that then be because of licensing where Google Wallet uses NFC, the NFC payment is from the license that Google got with MC payPass and VISA payWave? Or am I thinking it the wrong way?

Originally Posted by alexmt

Nope, that agreement allowed Google to physically load Visa cards from cooperating banks. These were few and far between and those days are long gone. Google switch to acting as a merchant aggregator on a virtual MasterCard because they couldn't get banks to sign up in sufficient quantities.

Originally Posted by tmiw

I wonder how Isis (or whatever name they're going to change to) managed to get more bank support than Google. In any case, a disadvantage of Google's current approach is that it won't work on certain tap to pay readers, like the ones at work.

Originally Posted by kebosabi

I think with mobile payments, the banks themselves don't really know how it's going to take off here in the US. Contactless payments were supposed to be the next big thing, and that turned out to be a flop. So we're probably in the "try out everything that's available" phase.

Originally Posted by whisp

Picked up my coin today for the closed beta. Stoked to get this thing going. Lots of MS opportunities with this puppy : )

Originally Posted by tmiw

Coin support just wrote back saying that the refund's been processed. Will check back in a week to see if it shows up on my card or not, but yeah, glad that's over with.

Originally Posted by Aus_Mal

We're now at the end of 2014, there is still no further update on EMV compatibility, and the shipping date has blown out to Spring 2015.

Can't wait until Spring 2015 to hear their latest excuses!