We first discovered a leak about Google Play gift cards last Thursday alongside a Google Play wishlists leak. Google is now officially lifting the veil on the gift cards, which will be launching only in the U.S. initially.
The new cards will come in denominations of $10, $25, and $50, and they can be used for just about anything in the Play Store, including in-app purchases. They cannot be used for physical goods or app and magazine subscriptions.
Target, RadioShack, and GameStop will be the first physical stores to offer the cards. Wal-Mart will offer the cards online later in August.
Google Play gift cards are one step closer to fully competing with Apple iTunes in the retail store market. Now we just can’t wait to see if Windows Phone/Windows 8 gift cards will be coming from Microsoft down the road.