Google Wallet essentially broken

[Chippiewill]

Remember that Google Wallet exploit from a few days ago? The one that would allow 'brute-force' PIN attacks, but only on rooted Android devices? Well, another PIN-related security hole was discovered soon after, putting even non-rooted Androids at risk. As Android Central points out, should your phone make its way into the wrong hands, your Google Wallet PIN number could be reassigned, allowing access to the prepaid account attached to the phone itself -- yikes.
http://www.engadget.com/

This is going to do nothing to help businesses and people to start using Google Wallet and I doubt it'll help the reputation of NFC payments either. Hopefully they'll sort this out quickly and get this rolling out more as I want to be able to use the NFC on my Galaxy Nexus to make payments.

[Jack!]

I saw the rooted issue the other day, now to see there is another method for non-rooted is outstandingly bad. And to think I nearly started to use google wallet...

[twinart]

I'm noticed about this. I hope they will fix this soon.