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Google Cancel the Plan to Release Credit Cards

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Google Credit CardsRemember Google’s plan to expand the realm of its power to credit card business? The internet giant reportedly shelves plans to launch credit card to more focus on Google Wallet project.

Quoted from Fox News, Monday (13/05/2013), Google will upgrade its Google Wallet product that already exists, but will not launch a credit card as planned earlier.

Quoted from Fox News, Google will upgrade Google Wallet, but will not launch a credit card as planned earlier.

This credit card is a part of the project Wallet that offers a debit or debit card. Rather than carrying a lot of credit cards, users can synchronize its other credit cards to Wallet app, so just need to bring a credit card to make a lot of transactions.

Initially the credit card is a part of Google Wallet project that offers a credit or debit card. Rather than carrying a lot of credit cards, users can synchronize their credit cards to Wallet app, so it only needs to use one credit card to make a lot of transactions.

To start the project, Google some time ago started inviting businesspeople in UK and U.S. At that time, Google promises to offer minimum credit limit is $ 800 with maximum limit varies.

In May 2011, Google has introduced Google Wallet to the public. This digital wallet service allows consumers to use their mobile phones to make payments.

Payment by moving the phone in front of a sensing device is offered in collaboration between Google, MaterCard and Citibank. Google also took Telecommunication Operators, handset makers and retailers.

In the first project, Google wallet will be available only in the U.S. on Google Nexus S phone. After been widely introduced, the service will be extended not only in the U.S. but also other countries, including Asia.