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Google Expected To Announce Smartphone Mobile Payments Service

     
9:13 am on May 25, 2011 (gmt 0)

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Google Expected To Announce Smartphone Mobile Payments Service [online.wsj.com]

Google Inc. is expected to disclose details about how consumers will be able to make store purchases, redeem coupons, and get loyalty points by waving smartphones in front of a small reader at the checkout counter, said people familiar with the matter.

At an event Thursday in New York, the Web-search company is planning to show off the technology, called near field communication, which is embedded in newer smartphones powered by Google's Android software and that can help turn the devices into a kind of electronic wallet, these people said.
9:56 pm on May 25, 2011 (gmt 0)

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And how easy would it be to intercept that data using a suitable receiver? Just as they did by tapping PDQs but now they wouldn't even need to tamper with the legit receivers.

Thank goodness I don't have a mobile phone. Or use google anything. :)