“At Apple's iPad event this week, CEO Tim Cook spent a chunk of the presentation talking about Apple Pay, its new mobile payments system that officially launches on Monday, October 20. Cook gushed about Apple Pay's partners — most major banks — and the more than 220,000 stores which will accept the service. The effect of Apple Pay, he said, will be "profound."
Google, which introduced its own NFC-enabled payments system through Google Wallet way back in 2011, was much less blustery on its recent earnings call when asked about Google Wallet.
"We are trying to get it right," Google's sales boss Omid Kordestani said in response to one analyst's question about Google Wallet.
Since launch, the service hasn't really taken off. However, with Apple Pay's hyped-up rollout right around the corner, Google Wallet will likely also see an uptick in usage as more stores install the NFC-enabled terminals needed to accept either "tap-to-pay" mobile wallet.
Kordestani insinuated as much on the call when an analyst asked him about Wallet's user adoption so far..”
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