Monday, March 28, 2011

Pay by radio transmission: NFC: Google makes smartphone credit card

How "(WSJ) reports are brought to the Internet Group potent partners on board: among other things, the credit card institutions Citigroup and MasterCard involved in the project. How it works: If you buy at the store pull out something, not your credit or debit card, but keep your phone against a sensor.

The registered your account information - and trigger a debit. Soon be installed in the U.S. test terminals. When the technology market ready - unknown. Makes possible the payment function on "Near Field Communication Chip (NFC). Coming in the future more and more smartphones are used. Google will soon bring about the "" (made by Samsung) out, that has the NFC technology.


Rumors say Apple also equips the (coming out in summer 2011) with the chip. According to WSJ Google is working alongside the credit card function in parallel to other possibilities for using the NFC chip. Are conceivable, the activation of current services or of the immediate buy in the store.

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