Skip to main content
Gizmos

Google to Launch Mobile Payments

Will allow phones to be used like debit cards.

cheats/2011/05/25/google-to-unveil-mobile-payments/google-phone-nexus-s_ytaxdh

Google will unveil on Thursday a mobile-payment system that allows consumers to pay at checkout using their phones, rather than debit or credit cards. Initially, the feature will only be available on Google’s Nexus S phone. It will receive a Citibank-issued MasterCard credit card number and a virtual Google MasterCard prepaid card. It can be used at any of the 124,000 with a MasterCard PayPass terminal. Some retailers, like Subway, American Eagle, and Macy’s, will upgrade their terminals to participate in rewards programs.

Read it at The New York Times

TRENDING NOW