Google recently had some security issues with their payment service Google Wallet. As a result, they are now offering all users of the prepaid part of their service a $5.00 credit that will be automatically added to their account. It is good to see Google stepping up to the plate for their customers. They have solved the issue, and are going above and beyond for their users.
The vulnerabilities arose when hackers realised user pins could be cracked if the user had an unlocked or rooted device. Of course, rooting your device is done at your own risk, but having your prepaid pin stolen is not one of the risks you typically expect when you alter the software of your mobile device.
Google was forced to shut down some of their prepaid services while this issue was addressed, but they have the situation under control and are now opening up all the features again.
Google officially says, “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.”
There seems to be some confusion with picking up the actual update for the service. If the update has not shown up for you yet, it should arrive shortly.