In a response to FCC complaint about Google Wallet not being allowed on Verizon devices, Verizon says that the app access the secure element on your phone, which is unlike other apps. They also added ”Google is free to offer its Google Wallet application in a manner that doesn’t require integration with the secure element, and many payment applications do just that.”
Verizon states that alternate payment apps — like Starbucks, Square and Paypal — aren’t being blocked because they don’t require access to the NFC chip’s secure element.
This whole sayings seems to be illogical as Verizon does have its own NFC-based mobile payments service with ISIS, which is currently available on a handful of recent Android smartphones offered by the carrier.
Via Droid Life