Can the Cloud Shield Google Wallet From Pickpockets?

Some folks' answer to wallet security is chaining it to their belts. Google's is to chain it to the cloud. The Search Giant added some security features to its Google Wallet product last week intended to make it safer for consumers to use. For example, credit card information no longer resides in the Google Wallet mobile app. Its new home is in the cloud, in a Google online wallet. What lives in the mobile app is a wallet ID. When a purchase is made from the wallet, the ID travels to Google's online servers.

Source: http://ectnews.com.feedsportal.com/c/34520/f/632000/s/22193a74/l/0L0Stechnewsworld0N0Crsstory0C758220Bhtml/story01.htm

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