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Google Wallet Issues Apology In The Form Of A Free $5.00

Earlier this year Google Wallet users were exposed to two potential security threats with their Google Wallet accounts. Since then the issues have been rectified but along the way Google Wallet did some tinkering with Google Wallet prepaid accounts that may or may not have been a nuisance to Google Wallet users.

Regardless of whether you’ve had problems or not Google Wallet has issues a $5.00 prepaid credit to those who have had Google Wallet accounts since the ordeal began. That means that Google Wallet users have received a free $15.00 from Google spendable on anything anywhere that takes MasterCard Pay Pass.

More after the break
The extra $5.00 was discovered by Rootz Wiki and then confirmed by multiple sources across the net.

The biggest security breach was a hole found where if someone got a hold of your Google Wallet enabled device and then redownloaded Google Wallet they could set a new pass code and have access to the funds on your prepaid card.

This security hole has been patched with Google who originally felt the problem was relegated to those with rooted or and unlocked devices. Although Verizon Wireless doesn’t support Google Wallet the Google Wallet apk can be side loaded on the Galaxy Nexus without rooting.

Customers with Google Wallet prepaid accounts have received an email apology about the incident along with a notification about the $5.00

We are happy to announce that you can now add the Google Prepaid Card back to your wallet with the newest version of Google Wallet, and any funds that you previously had on the card should be restored, unless you contacted Money Network and asked for a refund of those funds. To add the Google Prepaid Card back, you will first need to update your Google Wallet application to the most recent version.

Source: RootzWiki, TNW