Google Wallet now cloud-based, accepts all credit cards

Google today announced on the official Android blog that Google Wallet, the app that allows users to pay with their phone via near field communication (NFC), has been updated to a cloud-based version that supports all credit and debit cards from Visa, MasterCard, American Express and Discover.

As Google explains it, the move to a cloud-based system speeds up the integration process for banks that want to add their cards to the Wallet app and also makes the it more secure.

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