Google Near Field Communication (NFC) Facility to Usher In New Payment Mode; Arriving this Year

January 5, 2011, By Sanjeev Ramachandran

Near Field Communication is rumored to be hopping on to Google. The Google Nexus S had been grabbing headlines for sporting the Android 2.3 Gingerbread OS. Now with the arrival of the NFC chip that enables Near Field Communication, the smart device NFC-based payment system will come to the phone this year itself.

What does that mean, you wonder? We  hear the NFC-based payment system will enable users to pay for goods and services by waving their Android-powered phone against a register and checkout.  You will soon be able to walk into a store and do purchases and pay via the new facility, that keeps credit cards away. Sounds interesting, right?

That also means that the Google device and the NFC-based payment system will open up a new system of mobile payments for consumers who own the device. The facility has much to do with the Gingerbread that the device runs on.

This, in fact, isn’t the technology world’s first attempt at NFC. You remember that US carriers Verizon, AT&T and T-Mobile had, in November last, set up a joint venture called Isis with the goal of providing NFC-based payment services via smartphones. This is expected to be kicked off in 2012. Google will now be part of that attempt, we guess.

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