By Stephen Schenck | May 10, 2013 12:15 PM
Mobile payment systems are some of the biggest disasters in the smartphone world. The failure for any to catch on speaks to everything wrong with the industry: the tech is there, the infrastructure is in place, yet greed, egos, and back-room deals have managed to hold a pillow to the face of this otherwise promising technology. Last fall we saw evidence that Google, frustrated with an inability to get Wallet onto more Androids, was implementing its own card system, where users of incompatible phones could simply use this physical card to pay, instead. Now a new report claims that Google has abandoned this idea, at least for the time being.
Instead of introducing the card at Google I/O, Google may instead announce some more general changes to Wallet. Those could include support for additional retailers, and improvements to the offers and loyalty system used by the app.
Supposedly, moving away from the physical Google Wallet card is a decision that comes from Larry Page himself, following a recent less-than-successful demonstration of its abilities. All of this is likely tied to Google VP Osama Bedier - who had been managing the Wallet project – deciding to leave the company this week.