Google: Mobile Payment Service

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Wednesday, March 16, 2011

Google: Mobile Payment Service

Pay-by-phone technology may be making big moves with Google, Inc. (GOOG).

According to rumors, Google plans to begin testing its new mobile phone-based payment service in New York and San Francisco in the next four months. The system, developed by VeriFone Systems (PAY), will allow mobile phones equipped with near-field-communication (NFC) technology to simply tap the phone against the register to complete the transaction.

Continue reading Google: Mobile Payment Service

Google: Mobile Payment Service originally appeared on BloggingStocks on Tue, 15 Mar 2011 17:30:00 EST. Please see our terms for use of feeds.

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