Finextra – 11/1/13: Google has found a way to circumvent carrier restrictions on its mobile wallet by introducing support for Host Card Emulation in the latest version of its Android operating system, effectively removing the need for access to the telco-controlled Secure Element. Google’s ambitions for its mobile wallet have been hampered in the US by the refusal of key mobile carriers to introduce support for the search giant’s payments applications on the Secure Element in the NFC chip. Verizon in particular has flatly refused to introduce support for Google Wallet in its firmware, citing ’security’ precautions. A more obvious ulterior motive lies in boosting the chances of the telco’s own Isis consortium NFC play.
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