PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

Verizon Issues Explanation for Blocking Google Wallet

By Mercator Advisory Group
December 11, 2012
in Analysts Coverage
0
0
SHARES
0
VIEWS
Share on LinkedIn

Verizon recently issued a response to an FCC complaint regarding Google Wallet, explaining Google Wallet is only blocked because the mobile application requires access to the secure element.

Verizon illustrates payment apps such as those issued by Starbucks, Square, and PayPal are allowed on the device, and it would happily allow Google Wallet if the app did not involve the secure element. Although Isis, the mobile payments solution co-founded by Verizon, T-Mobile and AT&T, will be allowed full access to devices’ secure elements, Verizon claims this is because Isis has gone through a “special approval process.”

From Phandroid:

Verizon states ”Google is free to offer its Google Wallet application in a manner that doesn’t require integration with the secure element, and many payment applications do just that.” Verizon apparently won’t grant an application access to the secure element until it goes through a “special process,” one that we’re not surprised to see go unexplained in the text sent to the FCC.

Few people have any doubt that Verizon’s resistance to Google Wallet is a method of supporting Isis. Verizon’s statement that it doesn’t want Google to access the secure element is believable. However, the reason is almost certainly not because Google accessing the secure element presents some form of risk. Isis functions by using the secure element, and allowing another mobile wallet to function in a similar fashion would promote competition, limiting Isis’s market.

Click here to read more from Phandroid.

0
SHARES
0
VIEWS
Share on LinkedIn

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    AI in payment collections

    From Data to Action: How Automated Intelligence Is Changing Collections

    September 22, 2026
    circle stablecoin

    As Prepaid Fraud Evolves, So Do the Rules

    September 21, 2026
    bots fraud, bank security in data sharing, J.P. Morgan fraud protection TSYS, 3D Secure 2.0

    The Evolution of 3D Secure Puts it at the Center of Fraud Prevention

    September 18, 2026
    fraud detection signals

    Why Fraudsters Look Trustworthy and Good Customers Look Suspicious

    September 17, 2026
    Fraud Monitoring, Nacha ACH Rules, Same Day ACH

    10 Years Running, Same Day ACH Continues to Break New Ground

    September 16, 2026
    stablecoin infrastructure

    To Unlock Stablecoins’ Potential, Infrastructure Gaps Must Be Resolved

    September 15, 2026
    Latin America payment orchestration

    Navigating Latin America’s Complex Payment Ecosystem

    September 14, 2026
    upi biometric

    Beyond Authentication: Rethinking Digital Identity Security

    September 11, 2026

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2026 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result