Google Wallet moves to the cloud, opens up to all credit and debit cards

Google Wallet has been hampered by a number of limitations since its launch, not the least of which is its limited device compatibility. Perhaps a bigger problem though, was its lack of support for most major credit and debit cards. Today that finally changes with the latest version of Big G's mobile payment system. Now you'll be able to use any credit or debit card you wish, and take them with you from one device to the next. Early versions of the digital wallet used the phones secure local storage to protect your card info, now it's all in the cloud allowing you to sync your preferred payment method across multiple devices and keep track of both your online and in-store purchase's through Google's web Wallet. Perhaps most importantly though, Mountain View has upped the security ante, by allowing you to disable individual devices, should a tragedy befall your beloved Nexus. For more info check out the video after the break.