Google is rumored to be rolling out a smarthpone based real-world payment system using Near Field Communication technology. Well, the Wall Street Journal reports that the search giant has now brought MasterCard and Citigroup on-board.
Google will roll out a state-of-the-art smartphone payment system in New York and San Francisco, before the end of the summer, according to a report by Bloomberg. The system will use Near Field Communication (NFC) technology to allow consumers to make purchases at cash machines by waving their smartphones in front receivers attached to cash registers.
US Android users have received an early Christmas present from Google with the release Android 2.3, codenamed Gingerbread, today. The updated OS will be first made available on Samsung’s Nexus S smartphone.