Google Wallet update does away with NFC requirement

Google is rolling out an update to its Google Wallet payment service app for Android devices, allowing users to send money from their bank accounts to anyone in the United States.

The update will run on smartphones running Google Android version 2.3 “Gingerbread” and higher, tech site Mashable reported.

Mashable noted this means users can use the service even without near-field communications (NFC) technology.

"Previously, only those users with one of the 29 NFC-enabled mobile devices on the market were able to take advantage of Google’s mobile payment system. The update also lets users access it from any mobile carrier," it added.

However, it added those with NFC-enabled devices can still use the Google Wallet app at checkout.

With the new app, people 18 and older with an email address can send and receive money, though with small fees when using a credit or debit card.

Loyalty cards

Mashable said Google's new app allows participating business establishments to store loyalty cards.

"Users will also be able to view coupons and local offers from nearby stores and track recent purchases," it added. — VC, GMA News