Ready for a fresh dose of rumors? Okay, here we go. Today, Google Wallet is under the spotlight – a mobile payment system that has not really gained that much traction yet. However, some say that a successor referred to as Google Wallet 2.0 is in the works. According to the sources, the revamped platform will be much more flexible when it comes to promotions and special offers. Also, there is supposedly going to be a heavier focus on cloud-based payments, although it is unclear what exactly that is supposed to mean. Perhaps the recent acquisition of TxVia has something to do with the rumored Wallet 2.0?
Sprint, on the other hand, which has been Google's partner in bringing Wallet to the masses from day one, is working on a mobile payment system of its own, if rumors are to be believed. Dubbed "Touch", the service is expected to be a worthy alternative to Isis and Google's service. The idea behind this move is said to be Sprint's ambition to have control over every aspect of the payment system, including bank partnerships, security measures, distribution of APIs and software development.
Of course, all of the above are just rumors, and we don't really have any hard evidence to back them up. Yet if any of these speculations is on the right track, we might hear more details at the upcoming I/O conference, scheduled for later this month.
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