New Jersey Transit, the third-largest U.S. transit system with more than 895,000 weekday trips on bus and rail in New Jersey, New York and Philadelphia has began letting some commuters pay for fares using smartphone sensors set up by Google Inc. at locations including New York’s Penn Station.
The public-transit system is the first to partner with the company on its Google Wallet “tap-and-pay” system, which gives businesses access to credit-card information when a customer waves their phone over a sensor to make a purchase.
This Service is now available only on Sprint Nexus 4G and soon will expand to other Andriod phones.
Google officially rolled out its Google Wallet mobile paymnet system on last monday. Google wallet is now available only on Sprint nexus 4G, It works with Citi-Mastercards and Google Prepaid Card.
How it Works:
Tying into the near field communication (NFC) system built into select Android handsets, Google Wallet allows your phone to act as your credit card. By tapping your Android phone against a compatible card reader available in select retailers, your payment credentials are transferred to the merchant without any swiping.
Google Wallet requires you to set up a Google Wallet PIN that must be entered before making a purchase. This PIN prevents unauthorized access and payments via Google Wallet. Android phones also feature a separate lock screen.
If your phone is stolen, Google Wallet PIN and Secure Element protect your payment card information which prevents
others making a purchase with your phone.
Google Offers are deals on products and services at local or online businesses. Whenever you buy or save a Google Offer, it automatically syncs to your Google Wallet so your offers are always with you.