Google gears up for contactless payment
10 May, 2011
category: NFC
Google is gearing up for a launch of its Mobile Wallet project, which enable smart phone based NFC payments.
Google plans to release the product first in Europe, where the competition is heating up, according to a Marketing Week report. Rivals are already pushing to launch their own NFC-based payments as soon as possible.
Details of Google’s product at this point are sparse, however, reports show that the company is working toward implementation in the short term. Google is currently hiring, and putting together its mobile payment unit at the company.
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