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Report: Google To Test Mobile Payment Services
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Msg#: 4282023 posted 5:31 pm on Mar 15, 2011 (gmt 0)

Report: Google To Test Mobile Payment Services [bloomberg.com]
Google Inc. (GOOG) plans to start testing a mobile-payment service at stores in New York and San Francisco within four months, letting shoppers use their phones to ring up purchases, two people familiar with the project said.

The company will pay for installation of thousands of special cash-register systems from VeriFone Systems Inc. (PAY) at merchant locations, said one of the people, who requested anonymity because Google’s plans haven’t been made public. The registers would accept payments from mobile phones equipped with so-called near-field-communication technology.


 

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