[Samsung Galaxy Nexus] burgerboy9n:
I've had the same problem with recovery on my LTE version. Unfortunately for me I havent been able to get wallet up and running even after flashing an repairing permissions multiple times.

I/ActivityManager( 183): START {act=android.intent.action.MAIN cat=[android.intent.category.LAUNCHER] flg=0x10200000 cmp=com.google.android.apps.walletnfcrel/com.google.android.apps.wallet.entrypoint.WalletRootActivity bnds=[200,785][360,985]} from pid 421
I/WindowManager( 183): createSurface Window{41ad3410 Starting com.google.android.apps.walletnfcrel paused=false}: DRAW NOW PENDING
I/dalvikvm( 1690): Turning on JNI app bug workarounds for target SDK version 10...
I/ActivityManager( 183): Start proc com.google.android.apps.walletnfcrel for activity com.google.android.apps.walletnfcrel/com.google.android.apps.wallet.entrypoint.WalletRootActivity: pid=1690 uid=10067 gids={3003, 1015}
V/PhoneStatusBar( 262): setLightsOn(true)
D/OpenGLRenderer( 421): Flushing caches (mode 1)
D/OpenGLRenderer( 421): Flushing caches (mode 0)
I/ActivityThread( 1690): Pub com.google.android.apps.wallet: com.google.android.apps.wallet.datastore.impl.WalletContentProvider
I/ActivityManager( 183): START {cmp=com.google.android.apps.walletnfcrel/com.google.android.apps.wallet.entrypoint.EntryPointActivityGroup} from pid 1690
D/dalvikvm( 1690): GC_FOR_ALLOC freed 174K, 2% free 14264K/14535K, paused 51ms
I/dalvikvm-heap( 1690): Grow heap (frag case) to 17.522MB for 3686416-byte allocation
D/dalvikvm( 1690): GC_CONCURRENT freed <1K, 2% free 17863K/18183K, paused 2ms+3ms
E/NFC ( 1690): could not retrieve NFC service
D/AndroidRuntime( 1690): Shutting down VM
W/dalvikvm( 1690): threadid=1: thread exiting with uncaught exception (group=0x40a581f8)
E/AndroidRuntime( 1690): FATAL EXCEPTION: main
E/AndroidRuntime( 1690): java.lang.RuntimeException: Unable to start activity ComponentInfo{com.google.android.apps.walletnfcrel/com.google.android.apps.wallet.entrypoint.EntryPointActivityGroup}: java.lang.NullPointerException
E/AndroidRuntime( 1690):	at android.app.ActivityThread.performLaunchActivity(ActivityThread.java:1955)
E/AndroidRuntime( 1690):	at android.app.ActivityThread.handleLaunchActivity(ActivityThread.java:1980)
E/AndroidRuntime( 1690):	at android.app.ActivityThread.access$600(ActivityThread.java:122)
E/AndroidRuntime( 1690):	at android.app.ActivityThread$H.handleMessage(ActivityThread.java:1146)
E/AndroidRuntime( 1690):	at android.os.Handler.dispatchMessage(Handler.java:99)
E/AndroidRuntime( 1690):	at android.os.Looper.loop(Looper.java:137)
E/AndroidRuntime( 1690):	at android.app.ActivityThread.main(ActivityThread.java:4340)
E/AndroidRuntime( 1690):	at java.lang.reflect.Method.invokeNative(Native Method)
E/AndroidRuntime( 1690):	at java.lang.reflect.Method.invoke(Method.java:511)
E/AndroidRuntime( 1690):	at com.android.internal.os.ZygoteInit$MethodAndArgsCaller.run(ZygoteInit.java:784)
E/AndroidRuntime( 1690):	at com.android.internal.os.ZygoteInit.main(ZygoteInit.java:551)
E/AndroidRuntime( 1690):	at dalvik.system.NativeStart.main(Native Method)
E/AndroidRuntime( 1690): Caused by: java.lang.NullPointerException
E/AndroidRuntime( 1690):	at com.android.nfc_extras.NfcAdapterExtras.initService(NfcAdapterExtras.java:70)
E/AndroidRuntime( 1690):	at com.android.nfc_extras.NfcAdapterExtras.get(NfcAdapterExtras.java:96)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.secureelement.NfcAdapterExtrasManagerImpl.getNfcAdapterExtras(NfcAdapterExtrasManagerImpl.java:82)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.secureelement.NfcExecutionEnvironmentManagerImpl.getNfcExecutionEnvironment(NfcExecutionEnvironmentManagerImpl.java:294)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.secureelement.NfcExecutionEnvironmentManagerImpl.doOpenWithTimeout(NfcExecutionEnvironmentManagerImpl.java:242)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.secureelement.NfcExecutionEnvironmentManagerImpl.transceive(NfcExecutionEnvironmentManagerImpl.java:109)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.secureelement.SecureElementAppletImpl.select(SecureElementAppletImpl.java:92)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.secureelement.SecureElementAppletImpl.transceive(SecureElementAppletImpl.java:128)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.secureelement.SecureElementAppletImpl.transceiveSuccess(SecureElementAppletImpl.java:143)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.secureelement.mifare.MifareAppletImpl.mifareTranceiveSuccess(MifareAppletImpl.java:320)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.secureelement.mifare.MifareAppletImpl.getMifareAppletVersion(MifareAppletImpl.java:248)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.secureelement.MifareImpl.getMifareAppletVersion(MifareImpl.java:416)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.secureelement.MifareManagerImpl.getMifareAppletVersion(MifareManagerImpl.java:1000)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.util.analytics.GoogleAnalyticsTrackerWrapperImpl.setUpIfNecessary(GoogleAnalyticsTrackerWrapperImpl.java:185)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.util.analytics.GoogleAnalyticsTrackerWrapperImpl.setCustomVar(GoogleAnalyticsTrackerWrapperImpl.java:84)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.util.AnalyticsWalletTracker.setVersionNumberCustomVar(AnalyticsWalletTracker.java:749)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.util.AnalyticsWalletTracker.injectInstance(AnalyticsWalletTracker.java:1138)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.inject.AndroidWalletInjector$4.apply(AndroidWalletInjector.java:240)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.inject.AndroidWalletInjector$4.apply(AndroidWalletInjector.java:237)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.inject.SingletonFactory$1.apply(SingletonFactory.java:36)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.inject.SingletonFactory$1.apply(SingletonFactory.java:27)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.util.Memoizer.get(Memoizer.java:61)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.inject.SingletonFactory.get(SingletonFactory.java:42)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.inject.AndroidWalletInjector.getWalletTrackerSingleton(AndroidWalletInjector.java:664)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.entrypoint.ExternalActivityLaunchManagerImpl.injectInstance(ExternalActivityLaunchManagerImpl.java:201)
E/AndroidRuntime( 1690):	at com.google.android.apps.wallet.inject.AndroidWalletInjector$27.apply(AndroidWalletInjector.java:433)
E/AndroidRuntime( 1690):	at com.google.android.apps
W/ActivityManager( 183): Force finishing activity com.google.android.apps.walletnfcrel/com.google.android.apps.wallet.entrypoint.EntryPointActivityGroup
W/ActivityManager( 183): Force finishing activity com.google.android.apps.walletnfcrel/com.google.android.apps.wallet.entrypoint.WalletRootActivity
I/WindowManager( 183): createSurface Window{41c545a0 paused=false}: DRAW NOW PENDING
W/ActivityManager( 183): Activity pause timeout for ActivityRecord{41c6f398 com.google.android.apps.walletnfcrel/com.google.android.apps.wallet.entrypoint.EntryPointActivityGroup}