Credit Business

Some speculation as to why this happened involved the head of Google Wallet, Osama Bidier, who may be leaving the company. A recent memo distributed within Google is claimed to outline the axing of the product for the time being.

Despite the claims, many are left wondering why Google would not continue on the path of releasing the card as they had planned. Sources inside the company claimed that functional prototypes were already in existence, with the standard ‘W’ multi-color logo of Google Wallet embossed on the front of the card. In all aspects, the now-hypothetical Google Wallet credit card looked and functioned as intended.

Google had hinted that its reasoning for developing the card was to extract more information about personal spending habits