Verizon refusing to support Google Wallet - report

Verizon Wireless has demanded that Google disable its mobile wallet app in the forthcoming release of the latest Galaxy Nexus smartphone from Samsung.

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Verizon refusing to support Google Wallet - report

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Verizon - the number one carrier in the US - is a member of the Isis consortium, which is planning to launch its own mobile wallet service next year.

Verizon's refusal to distribute the rival Google app was confirmed by a Google spokesperson who told Reuters: "Verizon asked us not to include this functionality in the product."

Verizon cites nebulous security concerns as its principal objection to the Google application, with the clear subtext that carrier wants to retain control of the secure element in the NFC chip - and therefore the customer.

So far Sprint - a non-Isis consortium member - is the only US carrier to support Google on Nexus smartphones.

It remains to be seen if the other members of the Isis triumvirate, AT&T and T-Mobile, decide to follow Verizon's lead. Such a course of action may be risky, invoking anti-trust concerns.

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Comments: (2)

A Finextra member 

If a verizon customers want a google wallet that much, surely they can just port their number to Sprint and get one there? Thats the risk Verizon takes surely?  If Google/Sprint think the wallet is a major asset they should be welcoming the opportunity to grab market share

Google may have a case for anti trust or restrictive trade practices - but Verizon are not a monopoly last time I looked?  

Ketharaman Swaminathan

Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions

If banks have to take the permission of Apple and Google to get mobile banking apps on to their own customers' smartphones, it's only fair that Google should face a similar situation with Verizon and other MNOs with its Google Wallet app. Either both practices invoke antitrust concerns or neither does.   

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