Google To Announce NFC Mobile Payment Service On Thursday

Posted: May 24 2011, 3:04pm CDT | by , Updated: May 24 2011, 10:55pm CDT, in Rumors | Technology News

Google to announce NFC Mobile Payment Service on Thursday

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Google to beat Apple to NFC Payment service.

Google is supposed to announced an NFC based Mobile Payment service on Thursday, May 26th. Google did not make an official announcement yet, but sent out media invites for an event on Thursday. Bloomberg reports that anonymous sources told them that Google will unveil a mobile payment service on NFC enabled Android Phones like the Nexus S.

So after the music cloud service, Google also wants to beat Apple to the punch with an NFC payment system. The NFC Apple payment system is still in the rumor stage and it is not even known if the next iPhone has NFC capabilities.

According to TechCrunch, Google will stream the media briefing live on Youtube.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
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