Verizon blocks Google Wallet on new Google smartphone

Verizon is blocking Google’s mobile payment service, Google Wallet, from Samsung’s Galaxy Nexus smartphone, the first to run version 4.0 of the Android OS, as tensions in the mobile payment space continue to heat up. Verizon is hedging its bets on the Isis joint payment venture that it developed alongside AT&T and T-Mobile, in partnership with a number of large credit card firms. The carriers put aside their rivalries to create a joint platform in a bid to gain an edge in the fast-moving digital transaction space as tech firms scramble to bring their own products to market.

Isis is set to launch in the US in the first half of 2012, with Salt Lake City, Utah and Texas named as the first locations to trial the service before it is rolled out to further locations shortly afterwards. The joint venture struck a deal with the majority of the leading device manufacturers, including HTC, LG, Motorola Mobility, Research In Motion, Samsung and Sony Ericsson, in September to bring its mobile wallet service to their handsets.

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