Google has ditched plans to introduce a physical Google Wallet card, which was earlier slated to be launched at the company’s upcoming I/O conference in San Francisco, US.
Google CEO Larry Page has ditched plans to launch the card after being dissatisfied with the card’s malfunctioning during a demo last week, AllThingsD reported.
Additionally, reports reveal that Page had all along been unconvinced about a physical card solution.
The card, which was reportedly in all black, incorporated the Google Wallet ‘W’ logo on it with raised numbers and a magnetic strip similar to any other credit card.
Google Wallet card was expected to charge transactions to any card, which was set by the user as default, for the Wallet service.
In addition, the card would open Google Wallet to iPhone users who cannot use NFC payments, and other carriers that do not support the service.
Google offered its Wallet service by using Near Field Communication (NFC) technology through its Nexus S.
The updated Google Wallet will probably incorporate upgrades to rewards, offers and loyalty cards that users can store in the service, while new merchant partners will also be introduced to take on Apple’s Passbook app and Samsung Wallet.
