Monday, March 28, 2011

Google Teams with MasterCard and Citigroup on NFC Mobile Payments

From CNET:  Google is partnering with MasterCard and Citigroup to deliver a mobile-payment service to Android smartphones, according to a report. Citing anonymous sources, The Wall Street Journal reports that Google will allow people with debit and credit cards from the two financial giants to turn on an app and pay for a purchase from their smartphones. At no point would they need to take those cards out of their wallets to make a purchase.  The Nexus S Android phone is equipped with NFC abilities.  Google plans to launch the program later this year, according to today's WSJ article.

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