Tag: NFC

You Can Turn Your Phone into a Credit Card with Google Wallet. Will You?

By Veronique Greenwood | May 27, 2011 4:57 pm

wallet

What’s the News: Your phone can now be a credit card, thanks to Google Wallet, announced yesterday with great fanfare. With this system, when you swipe your phone over a sensor, a near-field communication (NFC) chip gives the merchant your credit card information. You punch in your PIN, and: cha-ching.

Google has partnered with 20,000 companies who will take payments this way, including Macy’s, American Eagle, and Subway.

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