Eric Schmidt, CEO of Google, recently explained the vision of Google Wallet with an example of buying pants. Eric's example describes a man in need of pants walking into a pants store and purchasing pants using his mobile phone and Google Wallet. In addition to the ability to purchase with a few clicks on the phone, Google Wallet will also connect with Google Offers and alert consumers to stores with deals nearby. This would allow a pants store rep (from Eric's example) to know exactly what type and size of pants the consumer is looking to purchase without ever speaking to them! Google Wallet is poised to transform the way we shop. Buying pants will never be the same.All merchants should immediately prepare for Google Wallet and the evolution of commerce.
