The head of payments at Google, Osama Bedier, cautions against NFC wallet providers closing their platforms, warning the move would backfire.
Bedier, when asked by NFC Times about potential competition with the Isis joint venture and the possibility Isis telcos would try to block the Google Wallet from accessing its NFC phones, said such a move would only “buy time” for the carriers or others seeking to restrict their NFC platforms.
“I can't speak for those carriers, but it is not a winning strategy to try to block access anymore, although it may buy you a bit of time,” he told NFC Times in an interview. “They may try it, but it won't last, and I hear from the carriers that they want to be open.”