Google introduction to payments coming Thursday in New York
Payments might just get a little more interesting Thursday when Google promise to introduce a phone based payment method in partnership with MasterCard and Citi.
Google invited reporters to attend a "partner event" on Thursday in New York to demonstrate what it called its "latest innovations." It plans to unveil a mobile payments system that will run on the Android operating system and be available on phones from Sprint Nextel Corp, Bloomberg reported on Tuesday.
What could make this interesting is the potential for international coverage. However the devil will be in the details of implementation. We know Android as NFC capability. The question will be what device is on the merchant end and how they get paid. Has Google found some way to solve that problem?