Big Boat

Friday, June 3, 2011

The Market & The Competitors

As many of you know, Paypal is sueing Google on its Google Wallet product, alleging that their former employees gave away trade secrets. If Google loses, Google Wallet could take a massive turn or take a huge financial hit.

While all this is happening, Apple is rumored to be making a similar product for its iOS and iTunes product line, called the iWallet. Expect to see the next iPhones equipped with the NFC chips. Orange is also launching a service called Quick Tap and O2 is expected to be coming out with somthing in the autumn.

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