Be it Verizon's fault or Google's, owners of the recently released Galaxy Nexus smartphone can't tap into the device's built-in Near Field Communication feature for use with Google Wallet. It's just not going to happen.
Not going to happen, that is, unless you perform a few lengthy customizations on your smartphone. A crafty workaround has been found that allows Galaxy Nexus owners to use Google Wallet just like all of their friends that own Sprint's Nexus S 4G smartphones. But the hack comes with a few catches: Namely, you're going to hack off both Verizon and Google if you try it.
How's that? Well, the process for enabling Google Wallet on your Galaxy Nexus demands that you unlock the device's bootloader and root the smartphone. And once you've done that, there goes your warranty through Verizon should your smartphone encounter any errors (or catastrophic free-falls) in your future.
And that's just the first half. Google's own terms of service prohibit using Google Wallet, "on a mobile device or Android operating system that has been modified or customized in any way." There's no indication as to what could happen to you or your account should you proceed with the hack for your Galaxy Nexus.