Google Wallet can be used to make purchases from your Android phone or from the cloud. One of the biggest flaws is that it was limited in the number of cards it supported. Earlier this month, Google rolled out support for all major credit cards in the US. Now rumor has it that person-to-person payments may be coming next.
That would really be a thing of beauty. More merchants supporting the service would also be great.

emails about Google wallet are pretty empty given the number of phones it WON’T work on. I suggest you wait until 20 – 30 % market saturation of usable phones before posting this article again.