News by Dan Seifert on Tuesday December 06, 2011.
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Verizon Wireless has issued a statement concerning the lack of Google Wallet on the forthcoming Galaxy Nexus smartphone.
Apparently, Verizon does not feel that Google Wallet is secure enough of a solution, noting that the carrier will come out with its own mobile payment system in the future. In our eyes, that is a thinly-veiled way to protect its own ISIS mobile payment system that is expected to launch next year. Here is Verizon's statement in its entirety:
"We're working to provide expanded services that will provide the best security and user experience in the market around m-commerce. We expect to provide access to an open wallet when those goals are achieved."source: Verizon Wireless, via: Laptop Mag
Dan is MobileBurn.com's Editor-in-Chief. Based in Poughkeepsie in New York, Dan can be found on Twitter as @DCSeifert.