New To Google Wallet
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I'm looking into setting up Google Wallet for the first time, and I was wondering how it operates in practice.
Am I right in saying that it's essentially making a copy of the "Tap and Go" card issued by my bank, then pretending to be that card for the transaction? Would calling my bank to invalidate the Wallet token in the event my phone is stolen also invalidate my physical card?
Also, do I need to unlock the phone every time I want to make a transaction of any value, or can I set it up so that say: If transaction < $30 AND Device has been unlocked < 6hr ago, process transaction without unlock?
That seems like a fair tradeoff to protect against someone buying a PS5 if they steal my phone, but also allow me to generally use it as easily as my physical card.
Any advice of tips anyone has in their day to day usage would be most appreciated.