Google Wallet is a payment service that lets you buy goods online or in the real world — but up until now if you wanted to use Wallet at the local supermarket you needed to have a phone with NFC… and a supermarket that accepts tap-to-pay devices.
Now Google is providing another option: a Google Wallet Card which you can slide into your physical wallet and pull out just like an old fashioned credit card or debit card.
The Google Wallet Card works like a normal debit card, but it’s tied to your Google Wallet balance rather than a bank account.
You can pay in stores, withdraw money from ATMs, or even make online purchases while using your Google Wallet PIN as the security code for your card. But like a normal debit card from your bank, you can only access as much money as is already available in your account — the Google Wallet card won’t automatically grab money from your linked accounts and it won’t let you buy things on credit.
Google sets a daily spending limit of $5,000.
via Droid Life