Google Wallet Won't Replace Your Wallet Anytime Soon

Google wants to replace your wallet. "Our goal is to make it possible for you to add all of your payment cards to Google Wallet, so you can say goodbye to even the biggest traditional wallets," explains Osama Bedier, Vice President of Payments in a post announcing the official release of Google Wallet yesterday. Google's Android software has already replaced your phone, your discman, your phonebook, and now it's ready to lighten your load. At least that's how two Google developers explain it in the company's accompanying video. But unlike releasing a phone, replacing a credit card with a phone application will take a lot more than a slick application.

No matter how well the application works--and the reviews for Google Wallet are pretty good--Google will face lots of roadblocks before the technology can become mainstream enough to full-on replace your wallet.

Read the full story at The Atlantic Wire.

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