Google has been pushing NFC based payments and Google Wallet for a while. Like Square’s Card app, Apple announced Passbook to store all your tickets, passes etc. Microsoft has now announced an approach that brings both these concepts together. Microsoft announced both NFC and Wallets and how they work together. Here’s what we know:
Wallet will be a hub in Windows Phone 8, like Office
Wallet integrates with 3rd party apps and fetches data (Information like Balance and Account Info etc.)
App & In-app purchases can be made using Wallet
The first screenshot shows the cards in Wallet and as you see, Chase Credit Card and AT&T AppCenter show they can be used for App purchases; hence in the second screenshot, the Chase Credit Card is an option to use for app purchases.
Wallet will include Deals (from apps like Groupon)
Bing’s Local Scout will start displaying Deals
The deals options listed below the phone leads you to a deal card:
When you hit “save for later” the deal is saved to your Wallet and appears under the Deals tab.
The Wallet can be locked using a PIN
Joe Belfiore’s demo didn’t show any NFC integration with Wallet but it’s there according to Microsoft.
The whole concept seems quite easy to use. Nicely done Microsoft.