Yesterday, Google Wallet was updated with the ability to use any bank card you want to use. It wasn’t a perfect solution, actually emulating a MasterCard and charging the bank card with a GOOGLE transaction. Apparently, American Express isn’t too happy with Google for that. American Express social media VP Bradley Minor had this to say:
“We want to make sure Google’s mobile wallet product meets the standards we set for our Cardmembers in terms of transparency and clarity about transaction detail. Right now, American Express does not have an agreement with Google for our cards to be used in the Google mobile wallet.”
Since it wasn’t an official partnership, American Express can’t have it their way. Purchases will show up as “GOOGLE *merchant name*” instead of the normal method. This is bad for American Express, considering that they have partnerships with merchants for reward points. Hey AmEx, you had your chance to partner with Google. You refused, and Google did it without you. Don’t complain.
Why didn’t AmEx partner with Google in the first place? Was it some sort of problem between them, or did the big carriers pay a lot of money for ISIS exclusivity? I guess we’ll never know. Now we have to hope America Express doesn’t figure out a way to block the use of Google Wallet with their cards.