Osama Bedier, vice president of payments for Google, comments on the progress of Google Wallet, the company’s mobile commerce initiative, which recently launched on a limited basis, in a podcast interview with www.pmnts.com. He said it takes a few years to get the technology started. He said the goal was to kick of the near field communication and mobile commerce. To hear the podcast, click here.
Editor’s Insight: The Google executive did not specifically speak about the vending machines that are accepting Google Wallet, but the company did demonstrate Coca Cola Interactive Vending machine purchases when it announced Google Wallet’s launch.
The September Automatic Merchandiser presented an overview of how the mobile wallet will change retail commerce and the role vending will play in this. To access the story, click here. By Elliot Maras