Google Wallet is officially launched for NFC mobile payments on the Nexus S

Mobile Payments

Google has officially announced the launch of its mobile contactless payment program based on near field communications (NFC) technology, which allows consumers to buy products and services by tapping their smartphones at any of the over 300,000 merchant terminals that are able to accept MasterCard PayPass transactions. So far, the technology is available only through the Sprint Nextel Nexus S smartphone, which runs on version 2.3.4 of the Android operating system, and contains an NFC chip. Moreover, the service is starting by only allowing either Citi MasterCards that have been…

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