Google Wallet: Working with Visa, American Express

In May we announced Google Wallet—an app that makes your phone your wallet—with Citi, MasterCard, Sprint and First Data. With Google Wallet, you can tap, pay and save using your phone and near field communication (NFC).

We’ve been testing it extensively, and today we’re releasing the first version of the app to Sprint. That means we’re beginning to roll out Google Wallet to all Sprint Nexus S 4G phones through an over-the-air update—just look for the “Wallet” app. Here’s a demo of Google Wallet in action:

Google Wallet enables you to pay with your Citi MasterCard credit card and the Google Prepaid Card, which can be funded with any of your existing plastic credit cards. As a thanks to early adopters, we’re adding a $10 free bonus to the Google Prepaid Card if you set it up in Google Wallet before the end of the year.

When we announced Google Wallet, we pledged a commitment to an open commerce ecosystem. We appreciate Citi and MasterCard for being our launch partners. And today, Visa, Discover and American Express have made available their NFC specifications that could enable their cards to be added to future versions of Google 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. In fact, we’ve got a video of our first customer, someone who is ready to replace his famously over-stuffed wallet. We hope Google Wallet gives him “serenity now.”

This is still just the beginning and while we’re excited about this first step, we look forward to bringing Google Wallet to more phones in the future. You can learn more about Google Wallet at google.com/wallet.

The Google In-App Payments for the Web

Today at Google I/O, we launched the developer API of Google In-App Payments for the web. In-App Payments enables any web application to receive payments from users and keep them engaged in your application. It is available to all US developers in sandbox today and will be followed by a consumer launch and an international rollout over the summer.

The team started building Google In-App Payments soon after Jambool was acquired by Google in August 2010. This project brought Social Gold technology and expertise and combined it with Google scale. For the payments platform that we’re announcing today, the theme is simplicity:

The simple API makes integration fast so you can start getting paid sooner. Implementing In-App Payments requires only two API calls: one to initiate the payment, and one to accept the notification when a payment is made.

The simple user experience will let your users pay without leaving the app or entering billing details. Users who have previously completed a purchase on Google Checkout, Android Market, Google eBookstore, YouTube Movies and more can use that same account to pay for items in your app in minimal steps. Fast payments that keep users in your game or site can boost customer conversion rates, increasing your revenue.

The simple pricing model is a flat payment processing fee of 5%. It’s 5% whether you distribute your app yourself or via the Chrome Web Store. There are no fixed purchase fees, setup costs, or monthly minimums.

The JavaScript version of the In-App Payments API is available to developers today. A Flash version of the API will be available in the coming weeks.

We invite you to sign up, start integrating your apps and send us feedback. Let’s work together to delight consumers this summer with amazing web apps, monetized effectively, all in the app.