That would be cool, but no.. It doesn't. It's merely a secure method for providing credit card information to a PayPass terminal.Could one transfer funds from Google Wallet to a friends Google Wallet?
I'm sure it could... In fact I've already seen some apps that do most of what you're saying. Those apps require you to setup accounts for each of your friends and they basically initiate a wire transfer from you to them, I think..Can an app be developed (but not by Google) in order to use the Secure Element+NFC to transfer secure data from phone to phone?