The mobile payment race…who will be the first?

Google

Google, along with several banks and other companies, may have beat group venture Isis to the mobile payment punch. Google, MasterCard, Sprint, Citigroup and transaction processor First Data will introduce the mobile payment service this summer in New York and San Francisco. Google has all ready gotten retailers Macy’s Inc, American Eagle Outfitters Inc, and Subway to join in with them and offer customers loyalty programs and discount offers. Google’s payment service will utilize MasterCard’s PayPass technology. The app is downloadable for Android phones. If Google and company can get…

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