Google Wallet Funds Are Now FDIC Insured

Discussion in 'Android Tablet News' started by dgstorm, Apr 20, 2015.

  1. dgstorm

    dgstorm Editor in Chief Staff Member

    Jan 5, 2011
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    It looks like Google has taken their Google Wallet service to a new level of credibility and safety. This morning a new report from Yahoo! News indicated we now have full support from the FDIC (Federal Deposit Insurance Corporation) for Google Wallet. This means any money you put in your Google Wallet account is now insured by the Federal Government for up $250,000 US dollars in the unlikely event Google ever goes bankrupt. The story has yet to be confirmed officially from Google, but we expect that to happen sometime soon.

    This story got us to wondering... how many of our members actually use Google Wallet? Sound off in this thread and let us know if you use Google Wallet, and, if so, do you use it a little or a lot?

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