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Google Wallet official, brings open NFC mobile payments

05/26, 1:15pm

Google Wallet intros with Sprint, Citi, MasterCard

Google at its New York City event launched Google Wallet as the first major NFC mobile payment system in the US. The platform revolves around the concept of virtual cards, including a Google Prepaid Card, that lets users pay at a store just by bringing the phone close to a terminal. It ties in directly with Google Offers and can give offers based on the phone's location, deals pushed from the web, and NFC tags built into posters and other ads.

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