Google turning smartphones into wallets: source

Google on Thursday will launch a mobile payment platform that lets people use smartphones to pay at shops as easily as they use a credit card, according to a source familiar with the matter.

What is near-field communication (and how secure is it)?

Coles and the Commonwealth Bank of Australia declared last month their intention to make use of near-field communication (NFC) technology, allowing users to transfer their personal and other banking details from a smartphone ...

Square payment system to arrive in Starbucks next month

Beginning in early November, Starbucks customers will be able to pay for their cup of coffee at 7,000 U.S. corporate-run stores using mobile-payment technology developed by San Francisco startup Square.

Japan's NEC sees $1.36 billion net loss

Japanese IT firm NEC said Friday it lost $1.36 billion in the year to March as asset write-downs and tax payments hit its bottom line, even as operating profit rose.

Google to set up a mobile payment system this year?

(PhysOrg.com) -- Mobile payment is an arrangement that has a lot of potential to make your life easier, but it also has a lot of potential to create issues with identity theft. That is why when a new company jumps into that ...

Tickets, coupons among uses for tap-to-pay phones

(AP) -- Cell phones are usually used to communicate with people far away. This year, they'll get the ability to do the opposite: communicate with things that are close enough to touch.

Mobile payments catch on with banks, phone makers

Smart phones already enable you to snap photos and bank online. Now banks and credit card companies think it might make sense for your phone to take over the functions of credit and debit cards.

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