Smart phones? Powerful Google?
I am sure Google Wallet astonished everyone in the class on Monday. I always think that Google was a powerful search engine. But I never realize that Google will someday be so…crazy!
Let us think about this: If one day Google Wallet is used by most of the people in U.S, or even more, people in different countries, what will happen? Every one will use Google’s smart phone, everyone will use the software- Google Wallet, and every one will use the credit cards that can only be used on the Google Wallet. Then, Google find itself run such a successful business. Google may monopoly a series of business if they want. They can monopolize which credit card people will use. If Google Wallet only offers the services for MasterCard instead of debit card, the MasterCard may be used more widely. Likewise, if Google Wallet can only be used on Nexus S: The new Android phone from Google, and Iphone and blackberry may not be as popular as they are today…
So many things may happen because of this reformation in payment by credit card including the security problems…
I think Google can provide the Google Wallet for devices of other brands. Although this will reduce the sale of google smart phone, more users from all over the can use this application so that more people will use other functions of google. This will make google have more cooperation partner like Nokia, Apple, Sony and so on and make profit of advertising for these brands.
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