Google Wallet | featured news

Verizon Wireless is blocking Google's new flagship phone from supporting Google's attempt to make the smartphone the credit card of the future. In blocking the Google Wallet software from running on the new Samsung Galaxy Nexus, Verizon Wireless said Tuesday that it was waiting to provide a wallet application until it can offer "the best security and user experience." Verizon and rivals AT&T Inc. and T-Mobile USA are part of a consortium called ISIS that is planning its own payment system.

Following a nearly four-month trial period, Google is taking its mobile commerce application, Google Wallet, nationwide. In a blog post announcing the news, the search giant said it needed the time to extensively test the app, which lets users pay for goods by tapping their smartphones against special wireless readers, which are powered by MasterCard’s contactless “PayPass” technology.