Showing posts with label payment system. Show all posts
Showing posts with label payment system. Show all posts

Friday, 6 May 2011

Google and MasterCard prepare a solution for mobile payments


Google could make earlier a mobile payment system wirelessly. Available first in the USA, it would be developed in collaboration with MasterCard and Citibank. Communication Technology NFC integrated on the American version of Nexus S is not sufficient to adopt the principle of contactless payment. This is why Google would announce tomorrow a banking system to do so in accordance with MasterCard and Citibank. According to The New York Times, there are more than 124000 businesses that have contactless payment terminals.