Google Wallet was an application, or app, for Android smartphones. It allowed users to fund their online "wallet" with money from their bank account. After that, they could send money securely and safely to other users of Google Wallet, or pay for online purchases. Users could also add credit cards to their account, as well as store their merchant loyalty cards.
Another feature of Google Wallet is tap and pay. Tap and pay utilizes near field communication, or NFC, to complete transactions wirelessly. This feature is available from merchants that accept MasterCard PayPass to users with an Android phone having Android OS 4.4 or later.
Google Wallet offered excellent security for its users, including unauthorized purchase security, as well as lost or stolen phone protection. Additionally, Google Wallet required a PIN for NFC transactions and had payment encryption.