Google has announced a new Google Wallet app today, which brings some major changes. According to a blog post by Google, this revamped Google Wallet app comes with support for all Android devices running version 2.3 and higher and there is no longer any NFC hardware requirement, something which was a necessity for the previous version.
The blog post also notes that consumers on all telecom operators including Verizon, AT&T and T-Mobile will be able to download the app, however they still won’t be able to make payments NFC based payments.
Phone without NFC access will still be able to use this revamped Wallet app for several tasks including sending money for free to others in US by linking their bank accounts or using the existing Wallet balance. Consumers will also make fund transfers using credit card or debit card but it won’t be free and will incur a fee.
In addition, consumers will also be able to add any loyalty card to the wallet and use those loyalty cards by scanning them at checkout. This feature is NFC-independent.
“You can easily carry and use your offers with the Google Wallet app. No matter where you’ve found your offer – in the Google Maps app, Google Search, Google+ or Google Offers, they’re visible and redeemable in your Wallet app at checkout,” Google added in the blog post.