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Google May Need To Share Wallet Revenue With Carriers

Google is considering sharing Google Wallet revenue with carriers, such as Verizon Wireless and AT&T, due to a slow adoption process, according to Olga Kharif. The two biggest carriers are backing ISIS, which some say Apple will adopt. Google also gave near field communication (NFC) a boost when it adopted the short-wave radio technology, integrating into its mobile purchase and payment system. Aside from slow demand, one of the original creators of the Google Wallet software left the company this month to start his own business, Kharif writes.

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