CODED-ish TECHNOLOGY: Google Wallet now accepts multiple cards

Instead of swiping a card, users enter their card info into the service and are able to tap their phones at venues accepting Google Wallet payments. It's a step forward for the company looking to delve into the mobile payment realm - an increasingly crowded space.

The latest update also provides a cloud-based version of the app -- a move Google (⁠GOOG, Fortune 500) hopes will provide more security for users. The feature allows users to remotely disable Google Wallet if a phone is lost or stolen.

Google Wallet only works on near-field communication (NFC) -enabled devices, and is limited to Sprint (⁠S, Fortune 500), Virgin Mobile devices and the Nexus 7 tablet.

There are now twenty-five national retailers -- from Macy's (⁠M, Fortune 500) to Duane Reade -- accepting Google's mobile payment app and according to Google's post about the update, 200,000 locations where people can use Google Wallet.

While it's a step forward, Google admits it still has a long way to go. Most people haven't ditched their wallets for smartphones and several phones on the market don't have NFC capability, which is integral for Google Wallet.

CNN

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