Samsung Announces Passbook-Like Wallet; Should Google Be Worried?

Google’s been struggling for over a year now to drum-up interest in Google Wallet, and despite the arrival of more and more Androids with NFC capabilities, it faces some formidable competition from alternate mobile payment systems with carrier backing, like the threat posed by Isis. Now Google could have one more player to worry about, with Samsung announcing its own partnership with Visa and demonstrating its own Wallet app. While Samsung Wallet and its Visa deal are separate arrangements, together they could draw users away from ...

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