With a phone so buy at the grocery store ?!?

Report suggests that Google has been working with Citibank MasterCard payment system using NFC chip, already in its flagship phone

Soon we will pay with your phone. New reports The Wall Street Journal suggests that Google is working on an application that will allow for advanced phones with the Android operating system to pay for goods through communication chip flagship phone already incorporated S. Nexus According to the report, the company works with the credit card company MasterCard and Citigroup to start this payment system, initially in the United States. One innovation that required Google Phone Samsung put into the Nexus S, which is the fruit of close cooperation between both companies, is a modern communications chip that can connect between the phone and terminal support when the phone is very low distance from the terminal, pass through secure data connection. So, can the phone to replace the credit card - all you need is to move it at the cash register, and is already register the card information. Currently, the use of this technology to the western market is almost nil, contrary to the Far East where NFC chips become increasingly common. Yet this is the essence of knowledge - Google, it seems, is trying to start running these payment systems in the United States soon. This will not be easy - it will require support from the shops, and those there is no reason to invest in advanced when the number of phones that support the market is very low. A possible solution may come actually come from Apple. In recent months, a wave of rumors that the company plans to introduce a similar technology for iPhone 5 - the most successful mobile phone world, and win a few hours from the time the launch base of users measured in millions. If Apple put its weight behind the technology, and leave it open enough so that Google's chip can use the same payment terminals, this could greatly affect the market.

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