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Google Preparing to Launch NFC Mobile Payment System May 26?

Google is inviting media members to a special event on May 26th in New York and Bloomberg has pegged it as the launch of a new NFC payment system through Sprint using the newly available Nexus S 4G.  If they are right, the first 5 cities to see the service would be NYC, Washington D.C., San Francisco, Los Angeles and Chicago.  Both Google and Sprint would not comment on the matter, but the timing couldn’t be better with Apple’s WWDC starting up the next week.  If a new iPhone is not announced, Analysts are still expecting something big to come out of it; possibly a cloud service or even a similar NFC payment system for this fall’s iPhone 4S.  This would be the second time in a month that Google has announced a brand new, game changing service.

Personally this one excites the heck out of me.  I’m sure there will be thousands of questions about security when it comes to waving your device in front of something to make a payment, but think of how streamlined your life could become?  Sign me up.

So what do you guys think?  Ready to just swipe your device and pay for those 4 happy hour martinis?

Via:  Bloomberg

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  • http://emerging-payments.blogspot.com/2011/09/contactless-payments.html nfc mobile payment

     It really excites me to came across about this news.The mobile banking is becoming the biggest medium for the online payments and its the only result due to the NFC chip. Even the banks introducing the new and interesting applications to make customer easy and relief in mobile banking. Google is taking more convenient steps in case of mobile banking by introducing Google voice it may be next logical step in mobile banking. But due to security reasons the rate of the using this services is little bit slowed down as it can be make you full empty through the bank balance if the your mobile phone goes to the wrong hands. I would like to appreciate the job done by the Google by launching Google iPhones with the NFC system inside it.

  • Anonymous

    For this to be the norm, great and count me in. I however wont be one of the early adopters getting screwed while they work out the bugs and shut out theives.

    • Anonymous

       gh

  • Anonymous

    If they release an API… I’m starting a company…

    • Anonymous

      Im there.

  • Chris

    if this becomes official then this feature better be just as secure as Fort Knoxx. because at the rate smartphones are becoming popular it won’t be long before everyone on the planet that can afford a $200 smartphone(which is like 98% of the planet) wil be using this to store all their credit card info and w/e other id that you can use with NFC. and with that kind of technology if someone hacks into the servers they will have access to everyones credit card info and id that owns a smartphone. which is pretty much every living person over the age of 18.

  • Anonymous

    I hope manufacterors start producing more phones with NFC’s. If the Function comes with an NFC (not likely) it would seal the deal that I’ll be getting that phone.

  • Anonymous

    I hope manufacterors start producing more phones with NFC’s. If the Function comes with an NFC (not likely) it would seal the deal that I’ll be getting that phone.

  • Granted

    Hell no, the possibility of error is huge!

  • Bigsike

    I thought it said “KFC” dangit now I want chicken :p

  • Chris

    when will apple just give up and realise google and android are more popular?

    • http://www.facebook.com/people/Kane-Stapler/597191406 Kane Stapler

      When they stop selling millions of iphones. Some people are to ignorant to get with the program which is the audience that Apple markets too. Dumbasses.

  • Anonymous

    Cool, go grocery shpping spend $200 in food, watch the bumbling fools ahead of you try to find their checks, cash etc..  Your turn, wave your phone and walk out while the hot checker marvels at your brains.  “How did he do that”

    Priceless!!!

  • Anonymous

    SPRINT!?!?!?!

  • The Observer

    Now we just need VZW to get an NFC compatible Nexus device that also does 4G.

  • http://www.facebook.com/objection89 Miguel Angel Portela

    I can see cheap boyfriends now

    “Oooo, I’m sorry babe, my card died, can you get this?”

  • Anonymous

    As cool as it would be to have this feature avaible its something like 2% of retailers have this option avaible as a method of payment, think about it how many shops have the touch and go card machines and ones that actually work I feel like half the time I end up still having to slid my card through. Don’t get me wrong I love the thought of the technology but to me its like 4g is great on a tablet or a computer but I just don’t see the benifit of streaming movies to a 4in screen, what else is 4g good for? And just a side note but I highly doubt apple will put a nfc chip in their next phone simply because the demand for something like that has not reached a critical point yet.

    • Forgeeking

      “what else is 4g good for?”

      oh ya, cuz faster internet provides no benefits other than streaming movies

      • Anonymous

        Suggestions as to what a 3g connection can’t Handel on a 4in screen? I can stream crystal clear movies off Netflix on my og Droid with my 3g connection, and to be honest I cant justify paying any more for a data connection so i can cut the dl time in half on apps from the market when the longest part of downloading most apps is the actual installation on the phone. So again what else is 4 g good for on a little phone screen?

  • j2d2

    Does the Thunderbolt have the necessary NFC hardware?

    • http://www.facebook.com/ken.obrien3 Ken O’Brien

      No

  • Anonymous

    I dont get it.. i dont steal and have been a victim.. but your telling me someone can easily just  leisurely  grab your phone and wave it and boom! A free gift…??? 

    • calculatorwatch

      hopefully there will be some sort of PIN# that you have to enter into your device every time you pay, otherwise you’d better hang on tight to that s***

      • Anonymous

        lol, hopefully theres more to than just waving a NFC capable phone.

    • http://www.facebook.com/bryan.hitchen Bryan Hitchen

      its more secure than having a card with your numbers and full name and ccid written on it. If you lose your wallet or your card gets stolen, you cant remote wipe your card or track it with gps or have an encrypted password in order to use it.. No more cards being demagnitized, no more scrambling for lose change, writing out checks…and stolen cards. sounds pretty awesome to me.

      • Anonymous

        What happens if your phone dies?

  • http://profiles.google.com/gorgio1 Alex G

    YESSS I cant wait to get a device that supports IT!

  • Hgriffin1

    Love It! Can’t wait!

  • http://twitter.com/AndroidEcko Bonifacio

    I am all for advancing…but when did swiping a card become inconvenient?

    • The Observer

      It is when the stripe wears out and trying to pay for something becomes a major pain in the ass. With NFC you just wave your phone over the sensor and that’s it.

      • http://twitter.com/AndroidEcko Bonifacio

        Understood, but it takes awhile for that strip to wear out.  Sounds like this will add to what is eating my precious battery life.  Also, as Kellex already stated:  Security issues.  People can already read credit cards through wallets. I’m going to have to read up on this.  

  • Jeremy Gentry

    Yay! now i don’t have to carry my “man purse” around! haha /jk

  • Franzie3

    One of my clients at work has been integrating this into their systems.   We were given 3 Nexus S phones to work with.  Been quite a treat.  Works pretty good so far

  • Eswebb

    I’m in, sign me up!

  • j2d2

    I’m all for using the device to pay instead of a card. Pretty soon we won’t even need to carry a wallet.

    • Anonymous

      Which I can’t wait for.

    • Granted

      Pretty soon your mobile phone will be an implant inside your head, which you’ll pick your nose to answer calls, and stick a cord up your anus to root yourself.

      “I can’t believe that enema didn’t unlock my buttloader! Damn these companies locking down my ass, this guy on the internet said he would unlock my butt manually, buy it’s worth it to overclock my nipples”

  • DroidzFX

    Let the wireless hacking begin!!!! You will see people hanging outside of windows with Pringles can antennas waiting to pick up your NFC info.

  • Anonymous

    iPhone 4S?

    I bet they will add nothing like they did from the 3G-3GS.

  • Anonymous

    iPhone 4S?

    I bet they will add nothing like they did from the 3G-3GS.