Google Wallet was one of the main features I wanted to use on the GN since I have over 1,200 locations in my neighborhood that will accept it. According to this post on BGR Verizon is not supporting it or is "thinking" about enhanced wallet services...translation...wants to but their own wallet service on the phone, but wallet has been tried and does work on the device.
Google Wallet comes to Samsung Galaxy Nexus (unofficially)
Google Wallet comes to Samsung Galaxy Nexus (unofficially)