March 24, 2011
Soon Google will be penetrated by utilizing the mobile payment Android phones as a ‘digital wallet’. This news comes after Google’s reported cooperation with MasterCard and Citigroup.
As quoted from the Wall Street Journal on Monday (3/28/2011), secretly the giant Internet company that was testing an online payment system by partnering with MasterCard and Citigroup.
Based on the leaked information, the demo is done with one of the Android mobile phone models that use NFC chip.
Thus, it is appropriate words of Eric Schmidt on Web 2.0 conference recently. At that time, the Google boss said that Android phones will have chips that will provide electronic transaction capabilities via the phone.
The chip will be connected with the nearest receiver, for example at the counter, after a user confirmation. “Basically, you just put this phone on all the things to replace credit cards. In the industry, we call it” tap and pay ‘, “said Schmidt, at the time.