Friday, May 27, 2011

Google Wallet

Google is finally pushing forward into mobile payments using the NFC (Near Field Communications) technology introduced with the Nexus S: with the now announced Google Wallet.

This wireless system will allow you to use your smartphone as a payment method, and although it sounds "high-tech", it is actually quite common in several different countries around the world: particularly in Japan, where it is already being used for several years. (Here in Portugal we have several "wireless" payment cards for transports, but nothing for regular commerce... yet.)

Using such a system comes with several advantages, allowing for loyalty programs and discounts to be automatically processed without requiring the extra "loyalty cards" that quickly fill up our wallets.

Google says there will be NFC stickers that will allow non-NFC Androids to use the system, and I'm sure we'll be hearing a lot more about the Google Wallet in the upcoming weeks and months.

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