Feeds

Google wires up for wireless payments

NFC hits NY & SF in alphabet soup

The Essential Guide to IT Transformation

Google is planning to hand shopkeepers thousands of NFC-capable terminals in New York and San Francisco, to encourage proximity payments using their Nexus S handset.

Bloomberg has been chatting to some of the merchants who've been offered the terminals, though it appears to suggest that Google is planning its own payment ecosystem. This isn't necessarily the case - Near Field Communications is a radio standard, not a payment system, and the Verifone terminals will support all the popular proximity-payment systems, even if they happen to be installed on the same phone.

Google won't comment on the story, but Bloomberg's sources talk of a service being launched within four months backed by thousands of terminals handed out by Google.

Earlier this month, Verifone told NFC World that all its new terminals will be supporting NFC, making the technology a standard feature along with the mag-stripe and chip readers. But just like magnetic stripe or chip readers, the technology isn't tied to a specific payment processor, and phones like the Nexus S are expected to play host to multiple payment applications.

So a user might download and install a Visa PayWave application, or an ISIS one, or even one from PayPal or Google Checkout, with the phone selecting the appropriate payment system based on what that merchant will accept and preferences configured by the user.

That's not to say that Google isn't developing an incarnation of Google Checkout for use in meat space, and one that can be installed on the Nexus S, but it's not Google's way to lock out competitors. If the Chocolate Factory really is handing out NFC terminals, then it is more likely an attempt to ensure the NFC boat is properly at sea before Apple tries to climb aboard. ®

Boost IT visibility and business value

More from The Register

next story
Scotland's BIG question: Will independence cost me my broadband?
They can take our lives, but they'll never take our SPECTRUM
Trying to sell your house? It'd better have KILLER mobile coverage
More NB than transport links to next-gen buyers - study
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
NBN Co adds apartments to FTTP rollout
Commercial trial locations to go live in September
Samsung Z Tizen OS mobe is post-phoned – this time for good?
Russian launch for Sammy's non-droid knocked back
Telstra to KILL 2G network by end of 2016
GSM now stands for Grave-Seeking-Mobile network
Seeking LTE expert to insert small cells into BT customers' places
Is this the first step to a FON-a-like 4G network?
What FTC lawsuit? T-Mobile US touts 10GB, $100 family-of-4 plan
Folks 'could use that money for more important things' says CEO Legere
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.