If you rode the high that accompanied the launch of Google’s NFC-based Wallet, I’m sure you rode the low, too. While the new e-payment system was a revolutionary step, it had some major flaws – the biggest one being the fact that Wallet offered little in terms of credit card compatibility – which sort of defeats its purpose, don’t you think? Well you’re not alone – and Google is right there with you…in fact, the company has recently compensated for your inconveniences by tweaking the Wallet service in a major way.

When it first came out, Google Wallet offered a free credit of $10 to new users – but after those ten bucks were used, the service could only then be accessed by users who owned a CitiBank MasterCard. Well, not anymore. A recent update to Google’s Wallet payment service now allows users to take care of their tabs with Visa, Discover and AMEX cards – as well as debit cards. Along with the launch of the updated system, Google provides users with a video-demonstration of what can now be expected by those who use the service:

How the new system works is best explained by Google Wallet product manager Robin Dua in a recent article on techcrunch.com:

To support all credit and debit cards, we changed our technical approach to storing payment cards. The Google Wallet app now stores your payment cards on highly secure Google servers, instead of in the secure storage area on your phone. A wallet ID (virtual card number) is stored in the secure storage area of the phone, and this is used to facilitate transactions at the point of sale. Google instantly charges your selected credit or debit card.

Aside from increased credit card compatibility, Google Wallet can be used with larger number of devices now, too. The system’s tap-and-pay function can now be used on the following devices, provided they support select carrier networks:

• Samsung Nexus S on Sprint
• Samsung Galaxy Nexus on Sprint
• Samsung Galaxy Nexus GSM/HSPA+
• Samsung Galaxy S3 on Sprint
• LG Viper™ 4G LTE on Sprint
• LG Optimus Elite™ on Sprint and Virgin Mobile
• HTC EVO 4G LTE on Sprint
• Asus Nexus 7 Tablet (WiFi only)

Along with the aforementioned improvements, Google is also working on a remote wipe feature that permits users to reset their default Wallet app, erase all previously-loaded financial information and start afresh – all from Google Wallet service’s online management web page.

Make sure you can take advantage of the upgraded Google Wallet e-payment system by loading your mobile device with a warranty from CPS today.