Google Wallet adds support for SingleTap coupon redemption

Google (NASDAQ:GOOG) continues to build out its fledgling Google Wallet mobile commerce platform by introducing support for SingleTap, which enables consumers to redeem coupons and/or earn rewards points with one tap of their Android smartphone.

Retailers like Jamba Juice offer exclusive Google Wallet discounts.

Google Wallet users can now enter select U.S. retailer partners including American Eagle Outfitters, The Container Store, Foot Locker, Guess, Jamba Juice, Macy's, OfficeMax and Toys"R"Us to instantly save on in-store offers--no paper coupons or loyalty cards necessary. In addition, Google Wallet's Featured Offers tab now boasts exclusive discounts from American Eagle, The Container Store, Macy's and Jamba Juice. In response to user feedback, Google is also introducing Google Prepaid Card transaction data including merchant name, location, dollar value and time of each transaction.

Formally launched last month, the Near Field Communications-based Google Wallet enables consumers to make purchases by tapping their Android smartphone at 300,000-plus MasterCard PayPass-enabled merchant terminals. Google Wallet is available across all Sprint Nextel (NYSE:S) Nexus S smartphones running Android OS version 2.3.4. For now, only PayPass-enabled Citi MasterCards may be loaded to Google Wallet--consumers may also fund the Google Prepaid Card with any existing payment card. Debit cards are not eligible for Google Wallet at this time. Google has said it hopes to eventually expand the solution to boarding passes, event tickets, ID cards and keys.

Google adds that Chevron, D'Agostino, Faber News Now, Gristedes Supermarkets and Pinkberry are presently working to equip their stores to accept Google Wallet transactions.

For more:
- read this Official Google Blog entry

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